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

Oceaneering International

24/02/2023 24:31

* Oceaneering International Inc  OII.N  reported quarterly
adjusted earnings of 6 cents​​ per share for the quarter ended
in December. The mean expectation of eight analysts for the
quarter was for earnings of 19 cents per share.
    * Revenue rose 14.9% to $536.22 million from a year ago;
analysts
expected $549.29 million. 
    * Oceaneering International Inc's reported EPS for the
quarter was
23 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Oceaneering International Inc shares had risen by 5.8%
this
quarter.
    * The company reported quarterly net income of $23.13
million.
    * Wall Street's median 12-month price target for Oceaneering
International Inc is $17.50 
    * 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." 

This summary was machine generated from Refinitiv data February
24 at 12:31 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.19           0.06           Missed
 Sep. 30 2022      0.11           0.23           Beat
 Jun. 30 2022      0.12           0.07           Missed
 Mar. 31 2022      -0.04          -0.06          Missed