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

Cameron International 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 BHI: Moderate Buy with a $0.93 recent quarter EPS
• Dril-Quip DRQ: Moderate Buy with a $0.55 recent quarter EPS
• FMC Technologies FTI: Hold with a $0.39 recent quarter EPS
• Bolt Technology 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