Cameron International 2Q Earnings Pregame Scorecard
Cameron International (NYSE:CAM) missed analyst expectations last quarter, but will try to make up for it when it announces its latest results on Thursday.
Expectations
Analysts currently expect Cameron International to come in with earnings of 72 cents per share on revenues of $2.01 billion. Analysts gave estimates ranging from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 80 cents.
Stock Movement
In terms of price changes, the stock's best recent streak was when it gained $3.88 per share between June 25, 2012 and July 2, 2012.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as 16 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit rose 22.4% to $134 million (54 cents a share) from $109.5 million (43 cents a share) the year earlier, but fell short analyst expectations. Revenue rose 20.2% to $1.8 billion from $1.5 billion.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 72 cents
Revenue Estimate: $2.01 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)