Cameron International Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter

Cameron International CAM unveils its next round of earnings this Thursday, July 28, 2011. Here's Benzinga's advanced look at Cameron International's second quarter earnings report.

Earnings and Revenue:

Analysts are predicting an EPS reading of 64 cents per share and revenues of $1.65 billion. Cameron International's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a positive EPS of 58 cents per share on revenues of $1.45 billion. Can Cameron International manage the estimated 10.3% rise in EPS and 13.8% increase in revenues from the year-ago quarter as analysts are predicting? We'll have to wait until Thursday to find out.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.57	$0.67	$0.60	$0.55
EPS Actual	$0.46	$0.69	$0.64	$0.58

Stock Performance:

At last check, shares of Cameron International were trading at $52.94. Since January 1st, shares of Cameron International have given investors a return of 4.4%. For a full 12 months, the return has risen by 22.1%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Cameron International is a Moderate Buy. Over the past three months this rating's strength has declined slightly.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Cameron International's peers.

• Baker Hughes BHI: Moderate Buy with a $0.87 recent quarter EPS
• Dril-Quip DRQ: Moderate Buy with a $0.54 recent quarter EPS
• FMC Technologies FTI: Hold with a $0.32 recent quarter EPS
• Flotek Industries FTK: Strong Buy with a -$0.02 recent quarter EPS

Cameron International is in the oil field machines and equipment industry, which has experienced price/earnings growth of 0.4%.

Finally, a description of the company's main areas of operation: Cameron International is a manufacturer of oil and gas pressure control and separation equipment, including valves, blowout preventers, wellheads, controls, and chokes.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming Cameron International earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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