In its fourth-quarter earnings report the oil and gas equipment producer posted earnings of $1 a share, which beats the Capital IQ Consensus Estimate of 96 cents a share. Cameron's revenue rose 21.1% from the year-ago quarter to $2.94 billion. The reported revenue beats the analyst consensus of $2.76 billion.
Cameron issued a downside guidance for its first quarter with expected earnings of between 70 cents and 75 cents a share, compared to 76 cents a share estimates.
Despite the downside first-quarter guidance, the company issued an in-line guidance for the full year of 2014. Cameron expects earnings of between $3.60 and $4 a share for the year. Analysts estimate earnings of $3.80 a share for the year.
TheStreet Ratings team rates CAMERON INTERNATIONAL CORP as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate CAMERON INTERNATIONAL CORP (CAM) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."