Oceaneering International Inc reports results for the quarter ended December 31 - Earnings Summary

Oceaneering International

19/02/2025 23:31

* Oceaneering International Inc  OII.N  reported quarterly
adjusted earnings of 55 cents​​ per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of 19 cents.  The mean expectation of
five analysts for the quarter was for earnings of 39 cents per
share. Wall Street expected results to range from 33 cents to 43
cents per share.
    * Revenue rose 9% to $713.45 million from a year ago;
analysts
expected $686.41 million. 
    * Oceaneering International Inc's reported EPS for the
quarter was
55 cents​.
    * Oceaneering International Inc shares had fallen by 1.5%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil related
services and equipment peer group is also "hold"

Wall Street's median 12-month price target for Oceaneering
International Inc is $27.00 
This summary was machine generated from LSEG data February 19 at
11:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.39           0.55           Beat
 Sep. 30 2024      0.44           0.40           Missed
 Jun. 30 2024      0.34           0.34           Met
 Mar. 31 2024      -0.06          0.14           Beat