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.
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