Abraxas Petroleum Corporation (NASDAQ:AXAS) Median Sales Estimate At $21.3


The EPS projection of Abraxas Petroleum Corporation (NASDAQ:AXAS) for quarter ended 2016-09-30 is $-0.02. Last week, the projection for EPS was $-0.02 against target of $-0.02, a month earlier. While 2-months ago, this projection was $-0.02 versus forecast of $-0.02a quarter months earlier, posting a deviation of 0%.

Abraxas Petroleum Corporation (NASDAQ:AXAS) posted that 18 days earlier, the share price was revised 1 times on upside. In addition, negative revisions were 4.

In last week, negative EPS revisions were 0 times and positive EPS revisions were 0 times. In last one-month and two month the positive revisions were 0 and 1. While in last 120 and 90 days, positive revisions were 1, and 1, correspondingly.

The per-share earnings downgrade for Abraxas Petroleum Corporation (NASDAQ:AXAS) in the preceding 30 and 120 were 0 and 2. While in 60 and 90 days were 3, and 3, in that order.

Earnings Surprises

Abraxas Petroleum Corporation (NASDAQ:AXAS) EPS target was $-0.02 for the quarter closed 1. It was based on 5 calls. As on 2016-05-10 the EPS was $-0.01. The change was $0, posting a deviation of 0%. The price projections gave a standard deviation of 0.

Quarterly Sales Estimates

Abraxas Petroleum Corporation (NASDAQ:AXAS) sales prediction for the fiscal 2017 stands at $20.15 and the median estimate is at $21.3. Almost 4 analysts gave sales target.

Among this, the highest sales estimate is $26.1 while the lowest target is $11.9 showing standard deviation of 5.967%.

As many as 4 analysts have positive sales targets revision while 4 reduced sales estimates, posting a deviation of 0%.

Last month, 4 experts have positive sales number revision. Also, 4 research groups lowered the sales projections, posting a deviation of 0.124%.

A quarter ago, 4 hiked sales target and 4 reduced sales forecast, posting a deviation of 4.225%.

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