Earnings Forecast Research on Gran Tierra Energy Inc. (GTE)

Gran Tierra Energy Inc. has received $0.01 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at -88.89%.

Gran Tierra Energy Inc. results fell short with a surprise EPS of -350% or $-0.07. The Actual EPS was $-0.05 compared to the Estimated EPS of $0.02 during its most recent quarterly earnings.

In the last quarter, Gran Tierra Energy Inc. reported Annual Earnings of $-0.05. Based on the filings, last years Annual Earnings was, $0.51. In the last Quarter, GTE reported a surprise Earnings per Share of -350% . The consensus estimate for current quarter is $0.01 For the Next fiscal year, the estimate is $0.12 based on the consensus.

Gran Tierra Energy Inc. (NYSEMKT:GTE) : On Tuesday heightened volatility was witnessed in Gran Tierra Energy Inc. (NYSEMKT:GTE) which led to swings in the share price. The stock opened for trading at $2.48 and hit $2.58 on the upside , eventually ending the session at $2.58, with a gain of 5.74% or 0.14 points. The heightened volatility saw the trading volume jump to 2,443,115 shares. The 52-week high of the share price is $3.49 and the company has a market cap of $1,029 million. The 52-week low of the share price is at $1.93 .

Gran Tierra Energy Inc. is an international oil and gas exploration and production company, headquartered in Calgary, Canada, incorporated and traded in the United States and operating in South America. Gran Tierra Energy holds interests in producing and prospective properties in Argentina, Colombia and Peru. The company strategy is focused on establishing a portfolio of drilling opportunities to exploit undeveloped reserves to grow production, as well as undertaking exploration to grow future reserves.

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