Fortress Investment Group LLC (FIG) said its third-quarter GAAP net loss attributable to Class A Shareholders narrowed to $58.60 million or $0.43 per share from $57.44 million or $0.66 per share for the quarter ended September 30, 2008. On average, 6 analysts polled by Thomson Reuters expected earnings per share of $0.09 for the quarter. Analysts' estimate typically excludes one-time items.
Revenues for the third quarter declined to $143.68 million from $185.14 million in the comparable period. Five analysts estimated revenues of $123.15 million for the quarter.
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