Rex Energy Corporation (NASDAQ:REXX) is set to post its quarterly earnings results after the market closes on Tuesday, August 8th. Analysts expect Rex Energy Corporation to post earnings of ($1.02) per share for the quarter.

Rex Energy Corporation (NASDAQ:REXX) last issued its quarterly earnings results on Tuesday, May 9th. The oil and gas exploration company reported ($0.60) EPS for the quarter, beating analysts’ consensus estimates of ($0.80) by $0.20. The company had revenue of $52.07 million for the quarter, compared to analyst estimates of $48.32 million. Rex Energy Corporation had a negative return on equity of 81.76% and a negative net margin of 68.86%. The company’s quarterly revenue was up 102.7% compared to the same quarter last year. During the same period last year, the company earned ($2.30) earnings per share. On average, analysts expect Rex Energy Corporation to post $-3.36 EPS for the current fiscal year and $-2.44 EPS for the next fiscal year.

Rex Energy Corporation (REXX) opened at 2.80 on Monday. The firm’s market capitalization is $26.92 million. The stock’s 50 day moving average price is $2.95 and its 200-day moving average price is $1.56. Rex Energy Corporation has a one year low of $2.30 and a one year high of $9.80.

WARNING: “Rex Energy Corporation (NASDAQ:REXX) Set to Announce Quarterly Earnings on Tuesday” was originally posted by Daily Political and is the sole property of of Daily Political. If you are reading this piece on another domain, it was stolen and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.dailypolitical.com/2017/08/07/rex-energy-corporation-nasdaqrexx-set-to-announce-quarterly-earnings-on-tuesday.html.

Several equities analysts have issued reports on the company. ValuEngine upgraded Rex Energy Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, May 16th. S&P Equity Research lifted their price objective on Rex Energy Corporation from $3.92 to $4.71 in a research report on Monday, May 15th. Royal Bank Of Canada reiterated a “buy” rating and issued a $4.00 price objective on shares of Rex Energy Corporation in a research report on Thursday, July 20th. Finally, Northland Securities set a $4.00 price objective on Rex Energy Corporation and gave the company a “hold” rating in a research report on Monday, July 17th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $6.58.

Rex Energy Corporation Company Profile

Rex Energy Corporation is an independent oil, natural gas liquid (NGL) and natural gas company. The Company has operations in the Appalachian Basin and Illinois Basin. In the Appalachian Basin, the Company is focused on its Marcellus Shale, Utica Shale and Upper Devonian (Burkett) Shale drilling and exploration activities.

Earnings History for Rex Energy Corporation (NASDAQ:REXX)

Receive News & Ratings for Rex Energy Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rex Energy Corporation and related companies with MarketBeat.com's FREE daily email newsletter.