W&T Offshore (WTI) Reports Q1 Loss, Tops Revenue Estimates

W&T Offshore (WTI) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of$ 0.14. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this independent oil and gas company would post a loss of$ 0.18 per share when it actually produced a loss of $0.18, delivering no surprise.Over the last four quarters, the company ha ...