InterOil (IOC) Posts Q1 GAAP EPS of $6.38

InterOil (NYSE: IOC) reported Q1 EPS of $6.38, which may not compare with the analyst estimate of ($0.02). Revenue for the quarter came in at $311.08 million versus the consensus estimate of $313.2 million.

EPS is due mainly to a one-off $340.5 million gain from the sale of an interest in PRL 15 to Total S.A. of France on March 26, 20141.

For earnings history and earnings-related data on InterOil (IOC) click here.

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