Oceaneering International Inc reports results for the quarter ended June 30 - Earnings Summary

Oceaneering International

23/07/2025 22:50

Oceaneering International Inc OII.N reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 34 cents.  The mean expectation of four analysts for the quarter was for earnings of 40 cents per share. Wall Street expected results to range from 38 cents to 44 cents per share.

Revenue rose 4.4% to $698.16 million from a year ago; analysts expected $684.14 million.

Oceaneering International Inc's reported EPS for the quarter was 54 cents​.

The company reported quarterly net income of $54.44 million.

Oceaneering International Inc shares had risen by 2.0% this quarter and lost 19.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "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  "buy."

Wall Street's median 12-month price target for Oceaneering International Inc is $20.50, about 9.4% below its last closing price of $22.43

This summary was machine generated from LSEG data July 23 at 09:50 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
Jun. 30 2025
0.40
0.54
Beat
Mar. 31 2025
0.29
0.49
Beat
Dec. 31 2024
0.39
0.55
Beat
Sep. 30 2024
0.44
0.40
Missed