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Goodrich Petroleum Corp. (NYSE:GDP) had a loss and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased to $-0.19 in the quarter versus EPS of $-0.28 in the year-earlier quarter. Revenue decreased 6.22% to $48.23 million from the year-earlier quarter.
Goodrich Petroleum Corp. reported adjusted EPS loss of $0.19 per share. By that measure, the company beat the mean analyst estimate of $-0.42. It missed the average revenue estimate of $57.65 million.
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