ATP Oil & Gas Corp.'s (ATPG) third-quarter net loss attributable to common shareholders was $9.12 million or $0.20 per share versus a profit of $36.48 million or $1.02 per share in the year earlier period. On average, 10 analysts polled by Thomson Reuters expected loss per share of $0.08 for the quarter. Analysts' estimate typically excludes one-time items.
Net loss for the latest quarter stood at $5.51 million compared with a profit of $36.48 million last year.
Revenues for the third quarter dropped to $75.01 million from $118.35 million in the comparable period. Seven analysts estimated revenues of $85.82 million for the quarter.
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