×

Golar LNG reports 3Q loss

HAMILTON, Bermuda (AP) _ Golar LNG Ltd. (GLNG) on Thursday reported a loss of $43.9 million in its third quarter.

On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 43 cents.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 36 cents per share.

The operator of carriers for natural gas shipping posted revenue of $32.4 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $24 million.

Golar LNG shares have risen 10 percent since the beginning of the year. The stock has risen 16 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLNG at https://www.zacks.com/ap/GLNG