Tuesday, Cameron International Corp. (CAM) reported fourth-quarter net income of $97.3 million or $0.41 per share, compared to net income of $146.0 million or $0.66 per share in the same quarter last year.
Excluding items, earnings for the quarter were $0.54 per share, compared to $0.74 per share in the prior year quarter.
On average, 24 analysts polled by Thomson Reuters expected the company to earn $0.53 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter declined to $1.46 billion from $1.52 billion in the comparable quarter last year. Analysts expected the company to report revenue of $1.29 billion for the quarter.
Looking ahead to the first quarter, the company expects earnings in the range of $0.48 - $0.50 per share. Analysts currently anticipate the company to earn $0.51 per share for the quarter.
For the full year 2010, the company expects earnings in the range of $2.10 - $2.20 per share, excluding the impact on any charges related to restructuring or integration activities. Analysts currently anticipate the company to earn $2.18 per share for the full year.
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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.