Oil States International Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St.02-22

Oil States International (NYSE:OIS) Full Year 2024 Results

Key Financial Results

  • Revenue: US$692.6m (down 12% from FY 2023).
  • Net loss: US$11.3m (down by 189% from US$12.6m profit in FY 2023).
  • US$0.18 loss per share (down from US$0.20 profit in FY 2023).
NYSE:OIS Earnings and Revenue Growth February 22nd 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Oil States International EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 16%.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 4.1% growth forecast for the Energy Services industry in the US.

Performance of the American Energy Services industry.

The company's shares are down 13% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Oil States International's balance sheet.

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