Oceaneering International Inc expected to post earnings of 19  cents a share - Earnings Preview

Oceaneering International

22/02/2023 03:02

* Oceaneering International Inc  OII.N   OII  is expected
to show
a rise in quarterly revenue when it reports  results on February
23. 
    * The Houston Texas-based  company is expected to report  a
17.7% increase in revenue to $549.285 million from $466.71
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
October 26 2022, for the period ended December 31, was for
revenue of $466.709 million.
    * ​Refinitiv's mean analyst estimate for Oceaneering
International
Inc is for earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"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 $17.5​, below​ its last closing price
of $19.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.11        0.11       0.23      Beat    114
 Jun. 30 2022  0.12        0.12       0.07      Missed  -42.1
 Mar. 31 2022  -0.04       -0.04      -0.06     Missed  -49.5​
 Dec. 31 2021  0.02        0.00       0.05      Beat    1,566.
                                                        7
 ​​Sep.        0.05        0.04       -0.01     Missed  -127.9
 30 2021                                                
 Jun. 30 2021  0.06        0.04       0.10      Beat    124.1​
 Mar. 31 2021  -0.05       -0.06      0.03      Beat    150.1
 Dec. 31 2020  -0.11       -0.20      0.02      Beat    110
 This summary was machine generated February 22 at 03:01 GMT. 
All figures in US dollars  unless otherwise stated