W&T Offshore (WTI) Reports Q3 Loss, Misses Revenue Estimates

W&T Offshore (WTI) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.53%. A quarter ago, it was expected that this independent oil and gas company would post a loss of $0.03 per share when it actually produced a loss of $0.05, delivering a surprise of -66.67%.Over the last four quarters, ...