Oil States International (NYSE:OIS) will issue its quarterly earnings data after the market closes on Tuesday, April 24th. Analysts expect the company to announce earnings of ($0.16) per share for the quarter.
Oil States International (NYSE:OIS) last announced its quarterly earnings results on Wednesday, February 14th. The oil and gas company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.23) by $0.05. The company had revenue of $183.70 million for the quarter, compared to analyst estimates of $175.66 million. Oil States International had a negative net margin of 12.65% and a negative return on equity of 4.57%. The firm’s revenue was up 8.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.20) EPS. On average, analysts expect Oil States International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Oil States International stock opened at $32.60 on Friday. The company has a market cap of $1,959.49, a P/E ratio of -30.75 and a beta of 1.75. Oil States International has a 1 year low of $20.23 and a 1 year high of $34.72.
In other news, major shareholder Holdings B.V. Hcperf sold 5,925,050 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $25.79, for a total value of $152,807,039.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.97% of the stock is currently owned by insiders.
Oil States International Company Profile
Oil States International, Inc, through its subsidiaries, provides specialty products and services to oil and gas companies worldwide. It operates through two segments, Well Site Services and Offshore/Manufactured Products. The Well Site Services segment offers a range of equipment and services that are used to drill for, establish, and maintain the flow of oil and natural gas from a well throughout its lifecycle.
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