Oil States International Analysts Increase Their Forecasts After Better-Than-Expected Q4 Earnings

Core Viewpoint - Oil States International, Inc. reported better-than-expected fourth-quarter earnings, with earnings per share of 13 cents, surpassing the analyst consensus estimate of 10 cents per share, although quarterly sales of $178.464 million fell short of the consensus estimate of $180.158 million [1] Group 1: Earnings Performance - The company reported quarterly earnings of 13 cents per share, exceeding analyst expectations [1] - Quarterly sales amounted to $178.464 million, which was below the analyst consensus estimate [1] - Following the earnings announcement, Oil States International shares increased by 7.1%, reaching a trading price of $13.42 [1] Group 2: Analyst Reactions - Susquehanna analyst Charles Minervino maintained a Neutral rating on Oil States International and raised the price target from $8 to $13 [3] - Stifel analyst Stephen Gengaro maintained a Buy rating and increased the price target from $10 to $15 [3]