Cameron International Corp. (CAM) reported that its first-quarter net income increased to $148.3 million or $0.60 per share, from $134.0 million or $0.54 per share last year. Net income excluding charges was $173.3 million or $0.70 per share for the quarter. Total revenues rose to $2.12 billion, from $1.80 billion last year. The company said the the year-over-year revenue increase was due to gains in all three of its major business segments. On average, 30 analysts polled by Thomson Reuters expected the company to report profit of $0.74 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $2.17 billion for the quarter. Cameron expects its second-quarter profit per share to be in the range of $0.75 to $0.80 excluding charges. The company anticipates the full-year 2013 earnings to be in the range of $3.50 to $3.70 excluding charges but including the estimated dilutive impact of the OneSubsea joint venture formation. Analysts expect the company to report second-quarter profit per share of $0.90. Analysts expect the company to report fiscal 2013 profit per share of $3.87.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.