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

Oceaneering International

26/10/2023 24:45

* Oceaneering International Inc  OII.N  reported quarterly
adjusted earnings of 38 cents​​ per share for the quarter ended
in September. The mean expectation of six analysts for the
quarter was for earnings of 32 cents per share.
    * Revenue rose 13.5% to $635.18 million from a year ago;
analysts
expected $637.70 million. 
    * Oceaneering International Inc's reported EPS for the
quarter was
29 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Oceaneering International Inc shares had fallen by 3.5%
this
quarter and gained 42.0% so far this year.
    * The company reported quarterly net income of $29.81
million.
    * Wall Street's median 12-month price target for Oceaneering
International Inc is $24.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 11:45 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.32           0.38           Beat
 Jun. 30 2023      0.29           0.18           Missed
 Mar. 31 2023      0.08           0.05           Missed
 Dec. 31 2022      0.19           0.06           Missed