Core Viewpoint - Gulfport Energy (GPOR) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on August 5, with a consensus EPS estimate of $5.03 per share, reflecting a year-over-year increase of +72.9%. Revenues are projected to be $334.57 million, up 84.7% from the previous year [3][2]. - The consensus EPS estimate has been revised 13.93% lower over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that Gulfport's Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%. The stock currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat [12]. - Historically, Gulfport has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +8.14% in the last reported quarter [13][14]. Industry Context - In the broader industry context, W&T Offshore (WTI) is expected to report a loss of $0.14 per share for the same quarter, indicating a year-over-year change of -180%. Its revenue is projected to be $135.53 million, down 5.1% from the previous year [18]. - W&T Offshore's consensus EPS estimate has been revised 6.3% lower, but it has a positive Earnings ESP of +16.28%, suggesting a likelihood of beating the consensus EPS estimate [19][20].
Gulfport Energy (GPOR) Reports Next Week: Wall Street Expects Earnings Growth