Gulfport Energy's Upcoming Earnings: What You Need To Know
Gulfport Energy (NAS: GPOR) is expected to report Q1 earnings around May 3. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Gulfport Energy's revenues will drop -11.1% and EPS will drop -70.8%.
The average estimate for revenue is $58.2 million. On the bottom line, the average EPS estimate is $0.14.
Last quarter, Gulfport Energy logged revenue of $56.5 million. GAAP reported sales were 18% lower than the prior-year quarter's $68.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.34. GAAP EPS of $0.28 for Q4 were 53% lower than the prior-year quarter's $0.59 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 76.9%, 330 basis points worse than the prior-year quarter. Operating margin was 32.8%, much worse than the prior-year quarter. Net margin was 28.1%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $502.0 million. The average EPS estimate is $0.91.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Gulfport Energy is buy, with an average price target of $48.42.
Is Gulfport Energy the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Gulfport Energy to My Watchlist.
The article Gulfport Energy's Upcoming Earnings: What You Need To Know originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.