The average EPS estimate for Abraxas Petroleum Corporation (NASDAQ:AXAS) for the three months ending 2016-12-31 is given as $-0.02.
You find that 7 days ago, the average EPS estimate on the stock was $-0.02, while for the 30 days ago the average EPS estimate stood at $-0.02.
If you look back further, you see that the average EPS estimate for Abraxas Petroleum Corporation (NASDAQ:AXAS) 60 days ago was given as -0.02, while EPS estimate 90 days ago was quoted at $-0.02.
The change in the stock’s EPS estimate over the last 7 days works out to 0%.
EPS estimate revisions
Over the last 7 days, EPS estimates for Abraxas Petroleum Corporation (NASDAQ:AXAS) have been revised up 0 times. In the same period, the EPS estimate has been revised down 0 times.
In the last 30 days, the stock has had its EPS estimate revised up 2 and it has been revised up 2 times over the last 60 days.
Up revisions in the last 90 days are 3 and up revisions in the last 120 days are 2.
But for the last 18 days, the company has seen its EPS revised up 1 times, offset by 2 down revisions in the same period.
The down revisions of EPS in last 30, 60, 90 and 120 days were 1, 1, 1 and 2.
What About EPS Surprises
Analysts predicted EPS of $-0.02 for Abraxas Petroleum Corporation (NASDAQ:AXAS) for the period ended 2. But the company ended up posting actual EPS of $-0.05 on 2016-08-09. The EPS estimate cited was worked out based on 5 estimates that analysts had issued on the stock.
Therefore, Abraxas Petroleum Corporation (NASDAQ:AXAS) posted EPS surprise of $-0.06 per share in dollar terms, which works out to -600%. The standard deviation of the actual EPS reported by the company and the average EPS estimate immediately before the earnings were released works out to $0.07.
Quarterly Sales Estimates
For the fiscal year 2017, the mean and median annual sales estimates for the company are given as $20.875 and $21. The estimates are based on the projections of 4 analysts.
So far, the highest annual sales estimate for Abraxas Petroleum Corporation (NASDAQ:AXAS) stands at$22.5. That compares with the lowest annual sales estimate of $19. Calculating the standard deviation of the extreme annual sales estimates leads you to 1.738%.
Annual sales estimate adjustments
In the last 7 days, 4 analysts have raised their annual sales estimates for the company. But over the same period, 4 analysts have trimmed their annual sales estimates.
With that, you find that the percentage change in mean annual sales estimate in the last 7 days works out to -8.241%.
Over the last one month, though, 4 analysts moved to raise their sales estimates for Abraxas Petroleum Corporation (NASDAQ:AXAS). That compares with 4 analysts who cut their sales estimate for the company in the same period. That leads you to 3.598% as the mean sales estimate change over the last one month.
If you look back further, you see that over the last three months, 4 analysts have moved raise their sales estimates Abraxas Petroleum Corporation (NASDAQ:AXAS). That offset by 4 analysts who in the same period lowered their sales estimates for the stock. That works out to percentage change in mean sales estimate of 18.439% over a period of three months.
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