Gulfport Energy will report earnings this Monday after market hours. Analysts expect revenue to decline 32.3% year on year, a reversal from the 147% increase in the same quarter last year. The company beat revenue expectations last quarter with $437.5 million, up 122% year on year, but missed EPS estimates and reported a 29.2% decline in oil production. Analysts have generally reconfirmed estimates over the last 30 days, though Gulfport has missed revenue estimates multiple times over the past two years. The stock is down 3.6% over the last month, while the upstream and integrated segment has risen 7% on average, and it heads into earnings with an average analyst price target of $231.08 compared to the current share price of $161.37.
Gulfport Energy Operating CorpEarnings report upcoming; expectations of revenue decline and past misses create uncertainty.