THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

Allis-Chalmers issues 2Q forecast in line with expectations

Email|Print|Single Page| Text size – +
May 7, 2008

HOUSTON—Oil field services and equipment provider Allis-Chalmers Energy Inc. on Wednesday issued a second-quarter forecast in line with Wall Street's expectations.

The company predicts earnings per share of 29 cents to 32 cents, on $154 million to $159 million in sales.

Analysts polled by Thomson Financial, on average, expect a profit of 29 cents per share on revenue of $157.3 million.

Shares rose 13 cents to $17.52 in midday trading.

© Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

more stories like this

  • Email
  • Email
  • Print
  • Print
  • Single page
  • Single page
  • Reprints
  • Reprints
  • Share
  • Share
  • Comment
  • Comment
 
  • Share on DiggShare on Digg
  • Tag with Del.icio.us Save this article
  • powered by Del.icio.us
Your Name Your e-mail address (for return address purposes) E-mail address of recipients (separate multiple addresses with commas) Name and both e-mail fields are required.
Message (optional)
Disclaimer: Boston.com does not share this information or keep it permanently, as it is for the sole purpose of sending this one time e-mail.