Gulfport Energy (Nasdaq: GPOR ) is expected to report Q2 earnings on Aug. 7. Here's what Wall Street wants to see.
The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Gulfport Energy's revenues will increase 15.0% and EPS will contract -14.0%.
The average estimate for revenue is $63.2 million. On the bottom line, the average EPS estimate is $0.49.
Last quarter, Gulfport Energy reported revenue of $65.5 million. GAAP reported sales were 40% higher than the prior-year quarter's $46.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.48. GAAP EPS of $0.48 for Q1 were 2.1% higher than the prior-year quarter's $0.47 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 79.2%, 100 basis points better than the prior-year quarter. Operating margin was 41.6%, 580 basis points worse than the prior-year quarter. Net margin was 41.0%, 440 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $281.4 million. The average EPS estimate is $2.01.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Gulfport Energy is buy, with an average price target of $41.45.
Over the decades, small-cap stocks like Gulfport Energy have provided market-beating returns, provided they're value priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Get instant access to this free report.