Quarterly EPS Estimate For Range Resources Corporation (NYSE:RRC) Cited At $-0.08

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The average EPS estimate for Range Resources Corporation (NYSE:RRC) for the three months ending 2016-12-31 is given as $-0.08.

You find that 7 days ago, the average EPS estimate on the stock was $-0.08, while for the 30 days ago the average EPS estimate stood at $-0.08.

If you look back further, you see that the average EPS estimate for Range Resources Corporation (NYSE:RRC) 60 days ago was given as -0.08, while EPS estimate 90 days ago was quoted at $-0.08.

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 Range Resources Corporation (NYSE:RRC) 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 1 and it has been revised up 1 times over the last 60 days.

Up revisions in the last 90 days are 2 and up revisions in the last 120 days are 2.

But for the last 18 days, the company has seen its EPS revised up 2 times, offset by 0 down revisions in the same period.

The down revisions of EPS in last 30, 60, 90 and 120 days were 2, 2, 1 and 0.

What About EPS Surprises

Analysts predicted EPS of $-0.08 for Range Resources Corporation (NYSE:RRC) for the period ended 2. But the company ended up posting actual EPS of $-0.21 on 2016-07-26. The EPS estimate cited was worked out based on 3 estimates that analysts had issued on the stock.

Therefore, Range Resources Corporation (NYSE:RRC) posted EPS surprise of $0.08 per share in dollar terms, which works out to 27.59%. 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 $0.11.

Quarterly Sales Estimates

For the fiscal year 2017, the mean and median annual sales estimates for the company are given as $557.455 and $539.4. The estimates are based on the projections of 9 analysts.

So far, the highest annual sales estimate for Range Resources Corporation (NYSE:RRC) stands at$718.387. That compares with the lowest annual sales estimate of $409.506. Calculating the standard deviation of the extreme annual sales estimates leads you to 107.141%.

Annual sales estimate adjustments

In the last 7 days, 9 analysts have raised their annual sales estimates for the company. But over the same period, 9 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 0%.

Over the last one month, though, 9 analysts moved to raise their sales estimates for Range Resources Corporation (NYSE:RRC). That compares with 9 analysts who cut their sales estimate for the company in the same period. That leads you to 7.111% as the mean sales estimate change over the last one month.

If you look back further, you see that over the last three months, 9 analysts have moved raise their sales estimates Range Resources Corporation (NYSE:RRC). That offset by 9 analysts who in the same period lowered their sales estimates for the stock. That works out to percentage change in mean sales estimate of 30.277% over a period of three months.

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