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Stock impact report

What's in Store for Oceaneering International Stock in Q3 Earnings? [Yahoo! Finance]

Oceaneering International, Inc. (OII) 
Last oceaneering international, inc. earnings: 2/24 05:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The Zacks Consensus Estimate for earnings is pegged at 44 cents per share and that for revenues is pinned at $673.97 million. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Let us delve into the factors that are likely to have influenced OII's performance in the to-be-reported quarter. Before that, it is worth taking a look at the company's performance in the last reported quarter. Highlights of Q2 Earnings In the last reported quarter, Houston, TX-based, oil and gas equipment and services company's earnings missed the consensus mark. OII reported an adjusted profit of 28 cents per share, which was 9 cents lower than the Zacks Consensus Estimate. This was due to lower-than-expected operating income from the company's Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments. However, revenues of $668.8 million beat the Zacks Consensus Estimate by 0.6%. OII's earnings beat the Zacks Consensus Show less Read more
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