Cameron International Corp. (CAM) Tops Q4 EPS by 14c

Cameron International Corp. (NYSE: CAM) reported Q4 EPS of $1.34, $0.14 better than the analyst estimate of $1.20. Revenue for the quarter came in at $2.8 billion versus the consensus estimate of $2.83 billion.

2015 Outlook

"Our backlog provides us with good visibility into a portion of Cameron's 2015 business," said Moore. "However, the surprising speed of the cyclical downturn has created significant uncertainty regarding the anticipated spending levels of our customers, especially in relation to our shorter-cycle businesses, which account for a meaningful portion of our revenues and operating profit."

Moore added, "Given our backlog, our strong balance sheet and the Company's impressive operational performance in the fourth quarter of 2014, Cameron is well positioned to deal with the challenges posed in 2015 while we stay committed to advancing cost-efficient solutions for our customers, execution and service excellence and the aggressive management of our cost structure."

For earnings history and earnings-related data on Cameron International Corp. (CAM) click here.

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