Oil States International (OIS) Tops Q1 Earnings Estimates

Company Performance - Oil States International (OIS) reported quarterly earnings of $0.06 per share, exceeding the Zacks Consensus Estimate of $0.05 per share, compared to a loss of $0.03 per share a year ago, representing an earnings surprise of 20% [1] - The company posted revenues of $159.94 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.24%, and down from $167.26 million year-over-year [2] - Over the last four quarters, OIS has surpassed consensus EPS estimates three times, but has topped consensus revenue estimates only once [2] Stock Performance - OIS shares have declined approximately 30.6% since the beginning of the year, while the S&P 500 has decreased by 5.3% [3] - The current Zacks Rank for OIS is 4 (Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.10 on revenues of $174.15 million, and for the current fiscal year, it is $0.36 on revenues of $698.37 million [7] - The estimate revisions trend for OIS is currently unfavorable, which may change following the recent earnings report [6] Industry Context - The Oil and Gas - Mechanical and Equipment industry, to which OIS belongs, is currently ranked in the bottom 10% of over 250 Zacks industries, suggesting potential challenges ahead [8]