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

• 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)