Gulfport: Q3 Earnings Snapshot
By AP News
Published - Nov 05, 2024, 04:56 PM ET
Last Updated - Nov 05, 2024, 04:56 PM EST
OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Gulfport Energy Corp. (GPOR) on Tuesday reported a loss of $14 million in its third quarter.
The Oklahoma City-based company said it had a loss of 83 cents per share. Earnings, adjusted for one-time gains and costs, were $3.37 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.96 per share.
The natural gas producer posted revenue of $253.9 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $265.9 million.
