C&J Energy (CJ) Q4 Revenue Tops Views

C&J Energy (NYSE: CJ) reported Q4 EPS of $0.88, does not compare to analyst estimate of $0.24. Revenue for the quarter came in at $491.8 million versus the consensus estimate of $479.58 million.

• Net income in the fourth quarter of 2017 included a $29.0 million, or $0.45 per diluted share, tax benefit pertaining to our acquisition of O-Tex Holdings, Inc., including O-Tex Pumping, L.L.C., and other operating subsidiaries (collectively, \"O-Tex\" and the \"O-Tex Acquisition\"), an $11.8 million after-tax, or $0.18 per diluted share, net gain on the sale of our Canadian rig services business and $3.4 million after-tax, or $0.06 per diluted share, of acquisition-related costs pertaining to the O-Tex Acquisition

For earnings history and earnings-related data on C&J Energy (CJ) click here.

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