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 ...