Market Overview

Earnings Preview: Cameron International's EPS, Revenue Expected to Rise

Cameron International (NYSE: CAM) releases its next round of earnings this Thursday, October 27, 2011. Get the latest predictions in Benzinga's essential guide to the company's third quarter earnings report.

Earnings and Revenue:

Wall Street expects an EPS of 74 cents/share and revenues of $1.81 billion. Cameron International's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 64 cents/share on revenues of $1.53 billion. Can Cameron International manage the estimated 15.6% rise in EPS and 18.3% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Thursday to find out.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 Q1 Q4 Q3
EPS Estimate $0.64 $0.57 $0.67 $0.60
EPS Actual $0.66 $0.46 $0.69 $0.64

Stock Performance:

Shares of Cameron International were trading at $49.75 as of October 21, 2011. Shares are down 1.9% year to date. For a full 12 months, the return has risen by 7.6%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

  • Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Cameron International is a Moderate Buy. This rating has strengthened slightly over the past ninety days.

Competitors:

Want to check out the performance of Cameron International closest competitors? Take a look at some of the company's peers in the energy sector.

  • Baker Hughes (NYSE: BHI): Moderate Buy with a $0.93 recent quarter EPS
  • Dril-Quip (NYSE: DRQ): Moderate Buy with a $0.55 recent quarter EPS
  • FMC Technologies (NYSE: FTI): Hold with a $0.39 recent quarter EPS
  • Bolt Technology (NASDAQ: BOLT): Strong Buy

The oil field machines and equipment company's industry has seen price/earnings growth of 0.8% during the current fiscal year.

Finally, a description of the company's main areas of operation: Cameron International is a manufacturer of oil and gas pressure control and separation equipment, including valves, blowout preventers, wellheads, controls, and chokes.

Take Action:

There is your peek into Cameron International's upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap. In the meantime, here are some links to explore today.

  • To see up-to-date news on Cameron International, click here
  • To see other trading ideas, click here
  • To see other company earnings recaps, click here

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