Oil States International Inc reports results for the quarter ended December 31 - Earnings Summary

Oil States International

21/02/2025 15:31

* Oil States International Inc  OIS.N  reported quarterly
adjusted
earnings of 9 cents​​ per share for the quarter ended December
31, identical to the same quarter last year.  The mean
expectation of four analysts for the quarter was for earnings of
6 cents per share. Wall Street expected results to range from 5
cents to 6 cents per share.
    * Revenue fell 21% to $164.60 million from a year ago;
analysts
expected $173.33 million. 
    * Oil States International Inc's reported EPS for the
quarter was
24 cents​.
    * The company reported quarterly net income of $15.16
million.
    * Oil States International Inc shares had risen by 6.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 15.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil related
services and equipment peer group is also "buy"

Wall Street's median 12-month price target for Oil States
International Inc is $7.25 
This summary was machine generated from LSEG data February 21 at
03:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.06           0.09           Beat
 Sep. 30 2024      0.06           0.04           Missed
 Jun. 30 2024      0.04           0.07           Beat
 Mar. 31 2024      -0.01          -0.03          Missed