Gulfport Energy (Nasdaq: GPOR) is expected to report Q3 earnings around Nov. 2. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Gulfport Energy's revenues will grow 11.2% and EPS will decrease -31.6%.

The average estimate for revenue is $64.6 million. On the bottom line, the average EPS estimate is $0.39.

Revenue details
Last quarter, Gulfport Energy booked revenue of $66.3 million. GAAP reported sales were 19% higher than the prior-year quarter's $55.6 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.45. GAAP EPS of $0.45 for Q2 were 21% lower than the prior-year quarter's $0.57 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 80.0%, 60 basis points better than the prior-year quarter. Operating margin was 39.1%, 1,160 basis points worse than the prior-year quarter. Net margin was 37.9%, 1,110 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $279.6 million. The average EPS estimate is $1.73.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Gulfport Energy is buy, with an average price target of $33.45.

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