Memorial Resource Development Corp. (NASDAQ:MRD) Median Sales Estimate At $158.652


The EPS projection of Memorial Resource Development Corp. (NASDAQ:MRD) for quarter ended 2016-09-30 is $0.15. Last week, the EPS forecast was $0.15 against target of $0.15, a month earlier. Two months ago, this estimate was $0.15 versus forecast of $0.15 three months earlier, implying a deviation of 0%.

Memorial Resource Development Corp. (NASDAQ:MRD) stated that 18 days ago, its stock price was positively revised 5 times while negative revisions were 1.

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 0 , 4, 3, and 3, correspondingly.

EPS estimate downgrade for Memorial Resource Development Corp. (NASDAQ:MRD) in the preceding 30, 120, 60 and 90 days were 0, 3, 1, and 3, correspondingly.

Earnings Surprises

Memorial Resource Development Corp. (NASDAQ:MRD) EPS target for the quarter closed 1 was $0.15, based on 13 recommendations. As reported on 2016-05-10 the EPS was $0.11. The change was $-0.02, implying a percentage deviation of -15.38%. The projections showed a standard deviation of 0.02.

Quarterly Sales Estimates

Memorial Resource Development Corp. (NASDAQ:MRD) yearly sales prediction for the fiscal 2017 stands at $158.917 and the median estimate is at $158.652. Almost 3 analysts issued sales target.

Highest sales target is $161 while the lowest target is $157.1 showing standard deviation of 1.963%.

As many as 3 analysts have sales targets revised upside while 3 reduced sales estimates, implying a deviation of 0%.

Last month, 3 revised sales number projection on upside while 3 lowered the sales projections, implying a deviation of 5.812%.

A quarter ago, 3 hiked sales target and 3 reduced sales forecast. Memorial Resource Development Corp. (NASDAQ:MRD) announced that the deviation in forecast was 3.321%.

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