Cameron International Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Cameron International Corp (NYSE:CAM) will unveil its latest earnings on Thursday, February 2, 2012. Cameron International is a manufacturer of oil and gas pressure control and separation equipment, including valves, blowout preventers, wellheads, controls, and chokes.

Cameron International Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 77 cents per share, a rise of 11.6% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 9.9% versus last year to $2.66.

Past Earnings Performance: The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 4 cents, reporting net income of 78 cents per share against a mean estimate of profit of 74 cents. In the second quarter, the company exceeded forecasts by 2 cents with net income of 66 cents versus a mean estimate of profit of 64 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 5% in revenue from the year-earlier quarter to $1.9 billion.

Analyst Ratings: Analysts are bullish on this stock with 19 analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the third quarter, profit rose 10.6% to $164.5 million (67 cents a share) from $148.7 million (61 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 10.4% to $1.69 billion from $1.53 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 16.3%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 23.5% from the year earlier quarter.

The company has seen net income rise in two straight quarters. In the second quarter, profit rose 14.6%.

Competitors to Watch: FMC Technologies, Inc. (NYSE:FTI), T-3 Energy Services, Inc. (NASDAQ:TTES), National-Oilwell Varco, Inc. (NYSE:NOV), Dril-Quip, Inc. (NYSE:DRQ), Flotek Industries, Inc. (NYSE:FTK), Baker Hughes Incorporated (NYSE:BHI), Lufkin Industries, Inc. (NASDAQ:LUFK), Oil States Intl., Inc. (NYSE:OIS), Halliburton Company (NYSE:HAL), and Bolt Technology Corp. (NASDAQ:BOLT).

Stock Price Performance: During December 28, 2011 to January 27, 2012, the stock price had risen $5.11 (10.6%) from $48.34 to $53.45. The stock price saw one of its best stretches over the last year between November 23, 2011 and November 30, 2011 when shares rose for five-straight days, rising 16.7% (+$7.74) over that span. It saw one of its worst periods between September 15, 2011 and September 23, 2011 when shares fell for seven-straight days, falling 16.7% (-$8.79) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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