Approach Resources Inc. (NASDAQ:AREX) on 2016-08-03 announced an EPS of $-0.25. Estimates for the company’s EPS stand at $-0.27. A week ago the earnings estimates stood at $-0.27 changing by 0.01%, while a month ago they were $-0.27.
The company had received an EPS estimate of $-0.27 60 days ago while 90 days ago the estimates were at $-0.27.
In the last 7 days the company has seen 6 upward revisions in its EPS estimates while the number of downward revisions was EPS_CNT_EST_REV_DOWN_LAST_7D:1835}}. Similarly, its EPS estimates were increased 6, 6, 6 and 6 times in the last 30, 60, 90 and 120 days respectively.
In the last 120, 90, 60 and 30 days periods the EP estimates were downgraded 6, 6, 6, 6 times.
In the previous 18 days the estimates saw upward revision 6 times and downward revision 6 times.
From a total of 6 estimates, the company’s mean EPS estimate for the period ended 2 stood at $-0.27. As such the difference amount from the actual EPS was $0.02, which comes to 7.41%. Right before the announcement of the actual EPS, the estimates ha d a standard deviation of 0.03.
Coming to sales figures, Approach Resources Inc. (NASDAQ:AREX) is estimated to register annual sales of $27.173. The figure is the arithmetic mean of all estimates by 3 analysts while the median comes to $26.5 for the fiscal year 2017.
The highest estimate stands at $29.62 while lowest is $25.4. The annual sales estimate have a standard deviation of 2.189%.
In the last week 3 analysts increased their sales estimates while 3 decreased their estimates. The mean estimate changed by 0.954% from last week.
Over the last month, 3 analysts revised their estimates upwards while 3 analysts revised their estimates downwards. The mean estimate saw a change of -4.107% from a month ago.
Over the last 3 month period, 3 analysts revised their sales estimates for Approach Resources Inc. (NASDAQ:AREX) upwards while 3 analysts downgraded their estimates. The mean estimate from 3 months ago underwent a change of 5.174%.
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