Oceaneering International Inc reports results for the quarter ended September 30 - Earnings Summary
Oceaneering International Inc reports results for the quarter ended September 30 - Earnings Summary
Oceaneering International Inc OII.N reported quarterly adjusted earnings of 71 cents per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of four analysts for the quarter was for earnings of 58 cents per share. Wall Street expected results to range from 57 cents to 60 cents per share.
Revenue rose 5.6% to $784.55 million from a year ago; analysts expected $773.23 million.
Oceaneering International Inc's reported EPS for the quarter was 52 cents.
The company reported quarterly net income of $52.62 million.
Oceaneering International Inc shares had risen by 1.0% this quarter and gained 83.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 9.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and 1 "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 $47.00, about 6.2% above its last closing price of $44.09
This summary was machine generated from LSEG data October 21 at 09:52 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 |
Sep. 30 2026 | 0.58 | 0.71 | Beat |
Jun. 30 2026 | 0.46 | 0.65 | Beat |
Mar. 31 2026 | 0.32 | 0.36 | Beat |
Dec. 31 2025 | 0.33 | 0.45 | Beat |
Recent news on Oceaneering International
See all newsOceaneering International Inc reports results for the quarter ended September 30 - Earnings Summary
Oceaneering Q3 revenue beats on growth in subsea robotics performance
Brief: Oceaneering Announces U.S. Navy Dry Deck Shelter Award
U.S. RESEARCH ROUNDUP-Airbnb, Five Below, Silgan Holdings
Oceaneering International Inc reports results for the quarter ended June 30 - Earnings Summary