Oil States International Q3 EPS $0.07 Beats $0.04 Estimate, Sales $194.29M Beat $189.85M Estimate
Portfolio Pulse from Benzinga Newsdesk
Oil States International (NYSE:OIS) reported Q3 earnings of $0.07 per share, beating the analyst consensus estimate of $0.04 by 75%. This is a 133.33% increase from the same period last year. The company also reported quarterly sales of $194.29 million, beating the analyst consensus estimate of $189.85 million by 2.34%. This is a 2.59% increase from the same period last year.
October 27, 2023 | 11:02 am
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POSITIVE IMPACT
Oil States International's Q3 earnings and sales beat estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Oil States International reported better than expected Q3 earnings and sales, which is a positive signal for investors. This could lead to increased investor confidence and demand for the stock, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100