Oil States Q4 Profit From Cont. Ops. Declines - Quick Facts

(RTTNews) - Oil States International, Inc. (OIS) reported fourth-quarter net income from continuing operations of $77.9 million, or $1.40 per share, which included $0.07 per share of after-tax charges for transaction costs incurred and losses on debt extinguishment. These results compare to net income from continuing operations of $87.0 million, or $1.57 per share, reported in the fourth quarter of 2012. Total earnings per share was $1.34, compared to $1.78, prior year.

On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $1.49 for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased to $675.18 million, from $687.04 million, prior year. Analysts expected revenue of $695.80 million for the quarter.