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 EPS forecast was $-0.02 against target of $-0.02, a month earlier. Two months ago, this estimate was $-0.02 versus forecast of $-0.02 three months earlier, implying a deviation of 0%.

Abraxas Petroleum Corporation (NASDAQ:AXAS) stated that 18 days ago, its stock price was positively revised 1 times while negative revisions were 3.

In last week, the experts lowered EPS 0 times and increased EPS 0 times. In last 30, 120, 60 and 90 days, the experts upped revisions 1 , 1, 1, and 1, correspondingly.

EPS estimate downgrade for Abraxas Petroleum Corporation (NASDAQ:AXAS) in the preceding 30, 120, 60 and 90 days were 2, 3, 4, and 2, correspondingly.

Earnings Surprises

Abraxas Petroleum Corporation (NASDAQ:AXAS) EPS target for the quarter closed 1 was $-0.02, based on 5 recommendations. As reported on 2016-05-10 the EPS was $-0.01. The change was $0, implying a percentage deviation of 0%. The projections showed a standard deviation of 0.

Quarterly Sales Estimates

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

Highest sales target is $26.1 while the lowest target is $11.9 showing standard deviation of 5.967%.

As many as 4 analysts have sales targets revised upside while 4 reduced sales estimates, implying a deviation of 0%.

Last month, 4 revised sales number projection on upside while 4 lowered the sales projections, implying a deviation of 8.333%.

A quarter ago, 4 hiked sales target and 4 reduced sales forecast. Abraxas Petroleum Corporation (NASDAQ:AXAS) announced that the deviation in forecast was -13.511%.

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