Teekay (TK) Income from Discontinued Operations (2020 - 2022)

Teekay (TK) has reported Income from Discontinued Operations for 3 consecutive years, with -$20.3 million the latest figure, recorded in Q1 2022.

• For the quarter ending Q1 2022, Income from Discontinued Operations fell 121.35% year-over-year to -$20.3 million; the trailing twelve-month figure through Dec 2022 stood at -$20.3 million (down 107.4% YoY), and the FY2022 full-year result was -$20.3 million, down 107.4% from the prior year.
• Income from Discontinued Operations declined to -$20.3 million in Q1 2022 per TK's latest filing, from $41.4 million in the prior quarter.
• Across five years, Income from Discontinued Operations topped out at $95.0 million in Q1 2021 and bottomed at -$20.3 million in Q1 2022.
• Historically, Income from Discontinued Operations has averaged $49.2 million across 3 years, with a median of $51.6 million in 2021.
• The sharpest annual moves came in 2021 and 2022: Income from Discontinued Operations increased 0.8% in 2021, then tumbled 121.35% in 2022.
• Over 3 years, Income from Discontinued Operations stood at $41.1 million in 2020, then rose by 0.8% to $41.4 million in 2021, then plunged by 148.92% to -$20.3 million in 2022.
• According to Business Quant data, Income from Discontinued Operations over the past three periods registered -$20.3 million, $41.4 million, and $76.0 million for Q1 2022, Q4 2021, and Q3 2021 respectively.