SunTrust Comments on Approach Resources Inc.’s Q1 2016 Earnings (AREX) – Best Small Cap Stock Picks Best Small Cap Stocks to Buy

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–Report on:(Nasdaq: AREX )

Approach Resources Inc. (NASDAQ:AREX) – Stock analysts at SunTrust dropped their Q1 2016 earnings per share (EPS) estimates for Approach Resources in a research note issued on Monday, according to Zacks Investment Research. SunTrust analyst N. Dingmann now anticipates that the brokerage will earn ($0.34) per share for the quarter, down from their previous forecast of ($0.32). The consensus estimate for Approach Resources’ Q1 2016 earnings is ($0.33) per share. SunTrust also issued estimates for Approach Resources’ Q3 2016 earnings at ($0.28) EPS, FY2016 earnings at ($1.18) EPS, Q1 2017 earnings at ($0.22) EPS and Q3 2017 earnings at ($0.21) EPS.

Source: American Banking and Market News
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