Tuesday, PetroQuest Energy Inc. (PQ) said its third-quarter net income available to common stockholders dipped to $4.45 million or $0.07 per share from $16.75 million or $0.32 per share in the prior year period. On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $0.13 per share for the quarter.
Total revenues for the quarter dropped to $50.25 million from $78.27 million in the year-ago period. Eight analysts estimated revenues of $52.19 million for the quarter.
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