Memorial Resource Development Corp. (NASDAQ:MRD) Yearly Sales Target At $158.917


The EPS projection of Memorial Resource Development Corp. (NASDAQ:MRD) for quarter ended 2016-09-30 is $0.15. A week before, the EPS forecast was $0.15 against target of $0.15, a month earlier. This estimate stood at $0.15 60 days earlier versus forecast of $0.15 90 days earlier, confirming a deviation of 0%.

Memorial Resource Development Corp. (NASDAQ:MRD) reported that 18 days ago, the positive EPS revisions were 5 and negative revisions at 1.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 5, 3, 0 and 3, respectively.

The downgrade of EPS estimates for Memorial Resource Development Corp. (NASDAQ:MRD) in the preceding 120, 60, 30 and 90 days were 3, 1, 0 and 4, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 1, the EPS estimate of Memorial Resource Development Corp. (NASDAQ:MRD) was $0.15. This projection was computed after accounting 13 calls. As reported on 2016-05-10 the EPS was $0.11. The change was $-0.02, demonstrating a percentage deviation of -15.38%. The projections confirmed a standard deviation of 0.02.

Quarterly Sales Estimates

For the fiscal 2017, the yearly sales target for Memorial Resource Development Corp. (NASDAQ:MRD) stands at $158.917 and the median estimate at $158.652. Almost 3 analysts announced their estimates.

The highest estimate is $161 while the lowest target is $157.1 showing standard deviation of 1.963%.

As many as 3 analysts released sales estimates reised in upside while 3 reduced sales estimates, demonstrating a deviation of 0.336%.

In last month, 3 revised sales number projection on upside while 3 lowered the sales target, demonstrating a deviation of 5.812%.

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

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