Gulfport Energy (GPOR) Q4 Earnings Surpass Estimates

Core Viewpoint - Gulfport Energy reported quarterly earnings of $4.80 per share, exceeding the Zacks Consensus Estimate of$ 3.90 per share, and showing an increase from $3.10 per share a year ago, representing an earnings surprise of 23.08% [1][2] Financial Performance - The company posted revenues of$ 239.87 million for the quarter ended December 2024, which missed the Zacks Consensus Estimate by 26.09%, and is a decline from year-ago revenues of $489.11 million [2] - Over the last four quarters, Gulfport has surpassed consensus EPS estimates three times but has not beaten consensus revenue estimates [2] Stock Performance and Outlook - Gulfport shares have decreased by about 1% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] Earnings Estimate Revisions - The trend for estimate revisions ahead of the earnings release was favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] - The current consensus EPS estimate for the upcoming quarter is$ 4.80 on revenues of $324.06 million, and for the current fiscal year, it is$ 22.29 on revenues of $1.38 billion [7] Industry Context - The Oil and Gas - Exploration and Production - United States industry is currently in the top 22% of Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, Granite Ridge Resources, Inc., is expected to report quarterly earnings of$ 0.14 per share, reflecting a year-over-year change of -30%, with a recent 19.4% upward revision in the consensus EPS estimate [9]