OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Gulfport Energy Corp. (GPOR) on Tuesday reported third-quarter profit of $608.4 million.
The Oklahoma City-based company said it had net income of $27.37 per share. Losses, adjusted for non-recurring gains, were $1.30 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.42 per share.
The natural gas producer posted revenue of $266.7 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $263.2 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GPOR at https://www.zacks.com/ap/GPOR
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
