Oil States International: Q4 Earnings Snapshot

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HOUSTON (AP) — HOUSTON (AP) — Oil States International Inc. (OIS) on Tuesday reported fourth-quarter earnings of $6 million.

The Houston-based company said it had net income of 9 cents per share. Earnings, adjusted for non-recurring costs, were 11 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The energy services company posted revenue of $208.3 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $213.2 million.

For the year, the company reported profit of $12.9 million, or 20 cents per share. Revenue was reported as $782.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OIS at https://www.zacks.com/ap/OIS

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