Oil States International (OIS) to Release Earnings on Friday

Oil States International (NYSE:OIS) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, April 26th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Oil States International (NYSE:OIS) last released its earnings results on Tuesday, February 20th. The oil and gas company reported $0.09 EPS for the quarter, hitting analysts’ consensus estimates of $0.09. Oil States International had a return on equity of 2.20% and a net margin of 1.65%. The firm had revenue of $208.30 million during the quarter, compared to the consensus estimate of $216.22 million. During the same quarter in the previous year, the company posted $0.05 earnings per share. The company’s revenue was up 2.9% compared to the same quarter last year. On average, analysts expect Oil States International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Oil States International Trading Up 0.8 %

Oil States International stock opened at $5.48 on Wednesday. The company has a quick ratio of 1.82, a current ratio of 3.10 and a debt-to-equity ratio of 0.19. Oil States International has a 52 week low of $5.22 and a 52 week high of $9.02. The company has a market capitalization of $351.55 million, a price-to-earnings ratio of 27.38 and a beta of 2.56. The stock has a 50-day moving average price of $5.83 and a 200 day moving average price of $6.49.

Wall Street Analyst Weigh In

Separately, Susquehanna reissued a “neutral” rating and issued a $6.50 price target on shares of Oil States International in a report on Monday, April 8th.

About Oil States International

Oil States International, Inc, through its subsidiaries, provides engineered capital equipment and products for the energy, industrial, and military sectors worldwide. The company operates through three segments: Well Site Services, Downhole Technologies, 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.