HAMILTON, Bermuda (AP) _ Teekay Tankers Ltd. (TNK) on Thursday reported a loss of $39.8 million in its fourth quarter.

The Hamilton, Bermuda-based company said it had a loss of $1.17 per share. Losses, adjusted for non-recurring costs, came to 74 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 84 cents per share.

The oil and gas shipping company posted revenue of $160.3 million in the period. Its adjusted revenue was $64.3 million.

For the year, the company reported a loss of $242.4 million, or $7.16 per share. Revenue was reported as $227.2 million.

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

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