Earnings Forecast Research on W&T Offshore, Inc. (WTI)

W&T Offshore, Inc. has received $-0.24 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $-0.4 while the top line estimate is $-0.08 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 45.45%.

W&T Offshore, Inc. reported better than expected with a surprise EPS of 44.19% or $0.19 during its most recent quarterly earnings. The Actual EPS was $-0.24 compared to the Estimated EPS of $-0.43.

In the last quarter, W&T Offshore, Inc. reported Annual Earnings of $-0.24. Based on the filings, last years Annual Earnings was, $-2.94. In the last Quarter, WTI reported a surprise Earnings per Share of 44.19% . The consensus estimate for current quarter is $-0.24 and for the current fiscal year, the estimate is $-2.02. For the Next fiscal year, the estimate is $-0.39 based on the consensus.

W&T Offshore, Inc. (NYSE:WTI) witnessed a volatile trading activity on Tuesday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $2.88 and reached the intraday high at $2.93. The bulls started the profit booking and pushed the shares to intraday low of $2.81. The trading session was marked by a volume range of 1,544,199 shares exchanging hands. The 52-week high of the shares is $3.5 and the 52-week low is $1.31. The market cap of the company stands at $398 million and there are 137,082,820 shares in public circulation.

W&T Offshore is an independent oil and natural gas company focused primarily in the Gulf of Mexico area, including the deep water. They have grown through acquisition, exploitation and exploration. W&T has grown through acquisition, exploitation and exploration and now holds working interests in over two hundred fields in federal and state waters and a majority of its daily production is derived from wells it operates.

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