Cameron earnings fall 33%,

NEW YORK (MarketWatch) — Cameron International said Tuesday its fourth-quarter net income fell to $97.3 million, or 41 cents a share, from $146 million, or 66 cents a share, in the year-ago period. Excluding one-time charges, Cameron earned 54 cents a share, in the latest period. Revenue at the Houston-based oil services firm fell 4% to $1.46 billion from the year-ago period, but rose by 19% from the third quarter. Wall Street analysts expected Cameron to earn 53 cents a share on revenue of $1.3 billion, according to a survey by FactSet Research. Cameron expects 2010 profit of $2.10 a share to $2.20 a share, excluding charges. Analysts expect earnings of $2.19 a share.


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