OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Gulfport Energy Corp. (GPOR) on Tuesday reported first-quarter net income of $52 million.
On a per-share basis, the Oklahoma City-based company said it had profit of $2.34. Earnings, adjusted for non-recurring costs, came to $3.31 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.32 per share.
The natural gas producer posted revenue of $283.2 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $289.3 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 This material may not be published, broadcast, written or redistributed.
