Gulfport: Q1 Earnings Snapshot
By AP News
Published - May 02, 2023, 06:39 PM ET
Last Updated - Jun 21, 2023, 11:42 PM EDT
OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Gulfport Energy Corp. (GPOR) on Tuesday reported first-quarter profit of $523.1 million.
The Oklahoma City-based company said it had profit of $22.90 per share. Earnings, adjusted for non-recurring gains, came to $2.58 per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $4.96 per share.
The natural gas producer posted revenue of $731.2 million in the period.
