Earnings Preview: Oil States International
Portfolio Pulse from Benzinga Insights
Oil States International (NYSE:OIS) is scheduled to release its quarterly earnings report on 2024-02-20, with analysts estimating an EPS of $0.09. The company's past earnings performance shows a mix of beats and misses, with the share price reacting variably. Shares are currently trading at $6.18, down 35.65% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.
February 19, 2024 | 6:01 pm
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Oil States International is expected to report an EPS of $0.09 for the upcoming quarter. Historical performance shows mixed results with variable stock price reactions post-earnings.
Given the mixed historical earnings performance and the current bearish sentiment indicated by the 35.65% decline in share price over the last year, the short-term impact on OIS's stock price is uncertain. The company's guidance for the next quarter will likely play a critical role in determining the stock's direction. However, the anticipation of the earnings report may lead to increased volatility.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100