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

Oceaneering International

27/10/2022 24:06

* Oceaneering International Inc  OII.N  reported quarterly
adjusted earnings of 23 cents​​ per share for the quarter ended
in September. The mean expectation of seven analysts for the
quarter was for earnings of 11 cents per share.
    * Revenue rose 19.9% to $559.67 million from a year ago;
analysts
expected $551.39 million. 
    * Oceaneering International Inc's reported EPS for the
quarter was
18 cents​.
    * The mean earnings estimate of analysts had fallen by
about 44.1%
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 34.2%
this
quarter and lost 5.6% so far this year.
    * The company reported quarterly net income of $18.3
million.
    * Wall Street's median 12-month price target for Oceaneering
International Inc is $12.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
26 at 11:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.00           0.05           Beat