Frontier Oil Corp. (FTO) reported a third-quarter net loss of $15.13 million or $0.15 per share compared to profit of $72.32 million or $0.70 per share last year.
On average, 12 analysts polled by Thomson Reuters expected the company to report a loss of $0.14 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues decreased to $1.20 billion from $2.20 billion last year. Analysts expected revenue of $1.26 billion for the quarter.
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