HOUSTON (AP) _ Goodrich Petroleum Corp. (GDP) on Thursday reported a loss of $48 million in its third quarter.
On a per-share basis, the Houston-based company said it had a loss of $3.52. Earnings, adjusted for non-recurring costs and amortization costs, were $1.10 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The independent oil and gas company posted revenue of $58.7 million in the period.
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