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OISBearishEarningsnews
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Oil States International (OIS) Reports Q1 Loss, Misses Revenue Estimates

Apr 26, 2024, 9:15 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Oil States International reported a quarterly loss of $0.03 per share, missing estimates. - Company's revenue of $167.26 million for March 2024 missed estimates by 12%. - Stock has underperformed S&P 500, with a 21.7% loss in 2024. - Estimate revisions for Oil States International are mixed, currently holding a Zacks Rank #3. - Industry outlook can impact stock performance, with Oil and Gas - Mechanical in top 25%. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings

  • Oil States International reported a quarterly loss of $0.03 per share, missing estimates.
  • Company's revenue of $167.26 million for March 2024 missed estimates by 12%.
  • Stock has underperformed S&P 500, with a 21.7% loss in 2024.
  • Estimate revisions for Oil States International are mixed, currently holding a Zacks Rank #3.
  • Industry outlook can impact stock performance, with Oil and Gas - Mechanical in top 25%.

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