Earnings Volatility Drives Cameron International and These Stocks in a New Direction

Cameron International Corporation (NYSE:CAM) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 6.76% to $0.79 in the quarter versus EPS of $0.74 in the year-earlier quarter. Revenue Rose 11.38% to $2.29 billion from the year-earlier quarter.

Cameron International Corporation reported adjusted EPS income of $0.79 per share. By that measure, the company beat the mean analyst estimate of $0.78. It missed the average revenue estimate of $2.35 billion.

CAM

Range Resources Corporation (NYSE:RRC) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 209.09% to $0.34 in the quarter versus EPS of $0.11 in the year-earlier quarter. Revenue Decreased 1.07% to $437.7 million from the year-earlier quarter.

Range Resources Corporation reported adjusted EPS income of $0.34 per share. By that measure, the company beat the mean analyst estimate of $0.32. It beat the average revenue estimate of $416.72 million.

RRC

Cabot Oil & Gas Corporation (NYSE:COG) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 800% to $0.45 in the quarter versus EPS of $0.05 in the year-earlier quarter. Revenue Rose 69.27% to $449.68 million from the year-earlier quarter.

Cabot Oil & Gas Corporation reported adjusted EPS income of $0.45 per share. By that measure, the company beat the mean analyst estimate of $0.37. It beat the average revenue estimate of $425.95 million.

COG

Oceaneering International, Inc. (NYSE:OII) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 35.82% to $0.91 in the quarter versus EPS of $0.67 in the year-earlier quarter. Revenue Rose 21.98% to $820.37 million from the year-earlier quarter.

Oceaneering International, Inc. reported adjusted EPS income of $0.91 per share. By that measure, the company beat the mean analyst estimate of $0.84. It beat the average revenue estimate of $786.66 million.

OII

Newfield Exploration Co. (NYSE:NFX) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 39.34% to $0.37 in the quarter versus EPS of $0.61 in the year-earlier quarter. Revenue Decreased 0.8% to $623 million from the year-earlier quarter.

Newfield Exploration Co. reported adjusted EPS income of $0.37 per share. By that measure, the company missed the mean analyst estimate of $0.42. It missed the average revenue estimate of $636.55 million.

NFX

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