Approach Resources Inc. (NASDAQ:AREX) reported earnings of ($0.11) per share missing Walls Streets expectations.

ME Staff
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Approach Resources Inc. (NASDAQ:AREX) reported Q2 2017 earnings this Afternoon, coming in at ($0.11) per share, missing Wall Street’s estimates of ($0.09) per Share. Revenue for the quarter came in at $24.97 million missing the streets estimates of $25.86 million

Analyst Coverage For Approach Resources Inc. (NASDAQ:AREX)
These are 1 Sell Rating, 2 Hold Ratings, 2 Buy Ratings .
The current consensus rating for Approach Resources Inc. (NASDAQ:AREX) is Hold (Score: 2.20) with a consensus target price of $3.25 , a potential (10.54% upside)

Recent Insider Trading for Approach Resources Inc. (NASDAQ:AREX)

  • On 6/22/2017 Wilks Brothers, Llc, Insider, bought 100,000 with an average share price of $2.42 per share and the total transaction amounting to $242,000.00.
  • On 6/21/2017 Wilks Brothers, Llc, Insider, bought 288,000 with an average share price of $2.58 per share and the total transaction amounting to $743,040.00.
  • On 6/20/2017 Wilks Brothers, Llc, Major Shareholder, bought 100,000 with an average share price of $2.56 per share and the total transaction amounting to $256,000.00.
  • On 6/19/2017 Wilks Brothers, Llc, Major Shareholder, bought 88,000 with an average share price of $2.72 per share and the total transaction amounting to $239,360.00.
  • On 6/16/2017 Wilks Brothers, Llc, Insider, bought 300,000 with an average share price of $2.79 per share and the total transaction amounting to $837,000.00.
  • On 6/13/2017 Wilks Brothers, Llc, Insider, bought 350,000 with an average share price of $2.77 per share and the total transaction amounting to $969,500.00.



    Recent Trading for Approach Resources Inc. (NASDAQ:AREX)
    Shares of Approach Resources Inc. closed the previous trading session at 2.94 down -0.03 -1.01% with 484,024 shares trading hands.