Abraxas Petroleum Q3 EPS $0.02 Misses $0.03 Estimate, Sales $31.536M Miss $33.55M Estimate

Abraxas Petroleum (NASDAQ:AXAS) reported quarterly earnings of $0.02 per share which missed the analyst consensus estimate of $0.03 by 33.33 percent. This is a 60 percent decrease over earnings of $0.05 per share from

Benzinga · 11/13/2019 19:25

Abraxas Petroleum (NASDAQ:AXAS) reported quarterly earnings of $0.02 per share which missed the analyst consensus estimate of $0.03 by 33.33 percent. This is a 60 percent decrease over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $31.536 million which missed the analyst consensus estimate of $33.55 million by 6.00 percent. This is a 24.24 percent decrease over sales of $41.625 million the same period last year.