Cameron International Corp. (CAM) Tops Q1 EPS by 10c

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Cameron Announces Results for First Quarter of 2015

April 23, 2015 7:30 AM EDT

HOUSTON, April 23, 2015 /PRNewswire/ -- Cameron (NYSE: CAM) today reported fully diluted earnings per share, excluding income from discontinued operations, asset impairment charges and other costs, of  $0.91 for the first quarter of 2015, compared to $0.70 for the same period of 2014.  

Results for the first quarter of 2015 included income from discontinued operations of $429 million, or $2.22 per share, primarily associated with a gain on the previously announced sale of the Company's Centrifugal Compression business; $538 million, or $2.79 per share, of asset impairment charges, primarily related to the impairment of goodwill in the Company's Process Systems... More