Brokerages expect that Gulfport Energy Corporation (NASDAQ:GPOR) will post earnings per share of $0.28 for the current quarter, according to Zacks. Eight analysts have made estimates for Gulfport Energy Corporation’s earnings, with estimates ranging from $0.18 to $0.42. Gulfport Energy Corporation posted earnings of $0.24 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 16.7%. The firm is scheduled to announce its next earnings results on Wednesday, August 2nd.

On average, analysts expect that Gulfport Energy Corporation will report full year earnings of $1.37 per share for the current year, with EPS estimates ranging from $0.97 to $1.89. For the next fiscal year, analysts expect that the company will post earnings of $1.50 per share, with EPS estimates ranging from $0.82 to $2.46. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Gulfport Energy Corporation.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings results on Monday, May 8th. The oil and gas producer reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.14. The company had revenue of $333 million during the quarter, compared to analysts’ expectations of $224.93 million. Gulfport Energy Corporation’s revenue for the quarter was up 112.2% compared to the same quarter last year. During the same period last year, the company earned $0.14 earnings per share.

Several equities analysts recently issued reports on GPOR shares. Scotiabank set a $31.00 price objective on Gulfport Energy Corporation and gave the company a “buy” rating in a research report on Monday, March 20th. Jefferies Group LLC reiterated a “buy” rating and issued a $22.00 price objective on shares of Gulfport Energy Corporation in a research report on Wednesday, March 22nd. Goldman Sachs Group, Inc. (The) cut Gulfport Energy Corporation from a “buy” rating to a “neutral” rating and cut their target price for the company from $31.00 to $21.00 in a research note on Wednesday, March 22nd. Williams Capital restated a “buy” rating on shares of Gulfport Energy Corporation in a research note on Thursday, March 23rd. Finally, Stifel Nicolaus started coverage on Gulfport Energy Corporation in a research note on Thursday, March 23rd. They issued a “buy” rating and a $26.00 target price on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $27.23.

Gulfport Energy Corporation (NASDAQ GPOR) traded down 1.60% during mid-day trading on Friday, hitting $13.53. 4,462,289 shares of the stock were exchanged. Gulfport Energy Corporation has a 12-month low of $12.47 and a 12-month high of $31.18. The firm has a 50-day moving average price of $14.52 and a 200-day moving average price of $17.86. The stock’s market capitalization is $2.47 billion.

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A number of large investors have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Gulfport Energy Corporation by 54.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,044 shares of the oil and gas producer’s stock valued at $104,000 after buying an additional 2,143 shares in the last quarter. Elkfork Partners LLC boosted its stake in Gulfport Energy Corporation by 38.4% in the first quarter. Elkfork Partners LLC now owns 6,666 shares of the oil and gas producer’s stock valued at $115,000 after buying an additional 1,848 shares in the last quarter. Meadow Creek Investment Management LLC boosted its stake in Gulfport Energy Corporation by 38.4% in the first quarter. Meadow Creek Investment Management LLC now owns 8,484 shares of the oil and gas producer’s stock valued at $146,000 after buying an additional 2,352 shares in the last quarter. Glen Harbor Capital Management LLC boosted its stake in Gulfport Energy Corporation by 38.4% in the first quarter. Glen Harbor Capital Management LLC now owns 10,302 shares of the oil and gas producer’s stock valued at $177,000 after buying an additional 2,856 shares in the last quarter. Finally, LS Investment Advisors LLC boosted its stake in Gulfport Energy Corporation by 20.5% in the first quarter. LS Investment Advisors LLC now owns 10,285 shares of the oil and gas producer’s stock valued at $177,000 after buying an additional 1,747 shares in the last quarter. 88.02% of the stock is owned by institutional investors and hedge funds.

Gulfport Energy Corporation Company Profile

Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.

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Earnings History and Estimates for Gulfport Energy Corporation (NASDAQ:GPOR)

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