Oil States International Q2 2024 Adj EPS $0.07 Beats $0.04 Estimate, Sales $186.383M Beat $179.629M Estimate
Portfolio Pulse from Benzinga Newsdesk
Oil States International (NYSE:OIS) reported Q2 2024 earnings of $0.07 per share, beating the analyst estimate of $0.04 by 75%. Sales were $186.383M, surpassing the $179.629M estimate. This represents a 600% increase in EPS and a 1.56% increase in sales year-over-year.
July 29, 2024 | 11:02 am
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Oil States International reported Q2 2024 earnings of $0.07 per share, beating the analyst estimate of $0.04 by 75%. Sales were $186.383M, surpassing the $179.629M estimate. This represents a 600% increase in EPS and a 1.56% increase in sales year-over-year.
The significant beat on both EPS and sales estimates, along with substantial year-over-year growth in EPS, is likely to positively impact the stock price of Oil States International in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100