Oceaneering International Inc expected to post earnings of 12  cents a share - Earnings Preview

Oceaneering International

26/07/2022 24:23

* Oceaneering International Inc  OII.N   OII  is expected
to show
a rise in quarterly revenue when it reports  results on July
27. 
    * The Houston Texas-based  company is expected to report  a
4.6% increase in revenue to $521.018 million from $498.2 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Oceaneering
International
Inc is for earnings of 12 cents per share. For the same quarter
last year, the company reported earnings of 10 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Oceaneering
International Inc is $16​, above​ its last closing price
of $10.58. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.04       -0.04      -0.06     Missed  -49.5
 Dec. 31 2022  0.02        0.00       0.05      Beat    1,566.
                                                        7
 Sep. 30 2021  0.05        0.04       -0.01     Missed  -127.9
                                                        ​
 Jun. 30 2021  0.06        0.04       0.10      Beat    124.1
 ​​Mar.        -0.05       -0.06      0.03      Beat    150.1
 31 2021                                                
 Dec. 31 2020  -0.11       -0.20      0.02      Beat    110​
 Sep. 30 2020  -0.16       -0.15      -0.18     Missed  -16.2
 Jun. 30 2020  -0.22       -0.21      -0.14     Beat    34.3
 This summary was machine generated July 25 at 23:23 GMT.  All
figures in US dollars  unless otherwise stated