Earnings Preview: Gulfport Energy

Gulfport Energy (NYSE:GPOR) will release its quarterly earnings report on Tuesday, 2024-11-05. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Gulfport Energy to report an earnings per share (EPS) of $3.34.

The announcement from Gulfport Energy is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Historical Earnings Performance

The company's EPS beat by $0.06 in the last quarter, leading to a 0.83% drop in the share price on the following day.

Here's a look at Gulfport Energy's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.92

4.44

3.90

2.42

EPS Actual

2.98

3.77

5.02

3.43

Price Change %

-1.0%

-5.0%

0.0%

5.0%

Stock Performance

Shares of Gulfport Energy were trading at $137.59 as of November 01. Over the last 52-week period, shares are up 10.38%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Gulfport Energy

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Gulfport Energy.

A total of 7 analyst ratings have been received for Gulfport Energy, with the consensus rating being Neutral. The average one-year price target stands at $177.43, suggesting a potential 28.96% upside.

Peer Ratings Overview

The ...