Talos Energy: Fourth Quarter Earnings Overview
Talos Energy Reports Fourth-Quarter Loss
Talos Energy, Inc., headquartered in Houston, announced on Tuesday that it recorded a net loss of $202.6 million for the fourth quarter.
The company reported a loss of $1.19 per share. When excluding certain one-time items, the adjusted loss was 44 cents per share.
These figures were below what analysts had anticipated. According to Zacks Investment Research, the consensus estimate from three analysts was a loss of 27 cents per share.
During the quarter, Talos Energy generated $392.2 million in revenue, which also missed analyst expectations. The average projection from three analysts surveyed by Zacks was $433.6 million.
For the full year, Talos Energy reported a total loss of $494.3 million, or $2.82 per share, with annual revenue reaching $1.78 billion.
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