Gulfport Energy Corp reports results for the quarter ended in March - Earnings Summary

Gulfport Energy

03/05/2023 16:44

* Gulfport Energy Corp  GPOR.N  reported quarterly adjusted
earnings of $7.14​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of $4.89 per share.
    * Revenue fell 26.5% to $353.16 million from a year ago;
analysts
expected $335.58 million. 
    * Gulfport Energy Corp's reported EPS for the quarter was
$22.90​.
    * The mean earnings estimate of analysts had fallen by
about 12.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Gulfport Energy Corp shares had risen by 2.0% this
quarter and
gained 10.8% so far this year.
    * The company reported quarterly net income of $435.53
million.
    * Wall Street's median 12-month price target for Gulfport
Energy
Corp is $103.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 03:44 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      4.89           7.14           Beat
 Dec. 31 2022      2.30           3.13           Beat
 Sep. 30 2022      4.31           3.69           Missed
 Jun. 30 2022      4.53           5.09           Beat