Oil States Worldwide (OIS) got here out with a quarterly lack of $0.08 per share versus the Zacks C
Oil States Worldwide (OIS) got here out with a quarterly lack of $0.08 per share versus the Zacks Consensus Estimate of a lack of $0.09. This compares to earnings of $0.01 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 11.11%. 1 / 4 in the past, it was anticipated that this vitality providers firm would publish a lack of $0.11 per share when it truly produced a lack of $0.14, delivering a shock of -27.27%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
Oil States Worldwide, which belongs to the Zacks Oil and Fuel – Mechanical and and Tools business, posted revenues of $263.70 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 0.39%. This compares to year-ago revenues of $274.59 million. The corporate has topped consensus income estimates two occasions during the last 4 quarters.
The sustainability of the inventory’s…