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

Oceaneering International

28/07/2022 24:15

* Oceaneering International Inc  OII.N  reported quarterly
adjusted earnings of 7 cents​​ per share for the quarter ended
in June. The mean expectation of seven analysts for the quarter
was for earnings of 12 cents per share.
    * Revenue rose 5.2% to $524.03 million from a year ago;
analysts
expected $521.02 million. 
    * Oceaneering International Inc's reported EPS for the
quarter was
4 cents​.
    * The mean earnings estimate of analysts had risen by
about 21.5%
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 fallen by 1.9%
this
quarter and lost 7.3% so far this year.
    * The company reported quarterly net income of $3.72
million.
    * Wall Street's median 12-month price target for Oceaneering
International Inc is $16.00 
    * 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." 

This summary was machine generated from Refinitiv data July 27
at 11:14 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.12           0.07           Missed
 Mar. 31 2022      -0.04          -0.06          Missed
 Dec. 31 2021      0.00           0.05           Beat
 Sep. 30 2021      0.04           -0.01          Missed