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OKLAHOMA CITY (AP) — OKLAHOMA CITY (AP) — Gulfport Energy Corp. (GPOR) on Tuesday reported a loss of $14 million in its third quarter.
The Oklahoma City-based company said it had a loss of 83 cents per share. Earnings, adjusted for one-time gains and costs, were $3.37 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.96 per share.
The natural gas producer posted revenue of $253.9 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $265.9 million.
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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