Gulfport: Q1 Earnings Snapshot
OKLAHOMA CITY (AP) _ Gulfport Energy Corp. (GPOR) on Tuesday reported a first-quarter loss of $492 million, after reporting a profit in the same period a year earlier.
The Oklahoma City-based company said it had a loss of $23.23 per share. Earnings, adjusted for non-recurring costs, were $6.15 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $5.41 per share.