Cameron International Corp. Reveals 22% Decline In Q4 Earnings

(RTTNews) - Cameron International Corp. (CAM) reported a profit for fourth quarter that fell from last year.

The company said its bottom line declined to $208 million, or $1.08 per share. This was down from $266 million, or $1.34 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 25.7% to $2.08 billion. This was down from $2.80 billion last year.

Cameron International Corp. earnings at a glance:

-Earnings (Q4): $208 Mln. vs. $266 Mln. last year. -Earnings Decline (Y-o-Y): -21.8% -EPS (Q4): $1.08 vs. $1.34 last year. -EPS Decline (Y-o-Y): -19.4% -Analysts Estimate: $0.73 -Revenue (Q4): $2.08 Bln vs. $2.80 Bln last year. -Revenue Change (Y-o-Y): -25.7%