Oceaneering International OII reported its Q2 earnings results on Wednesday, July 27, 2022 at 05:01 PM.
Here's what investors need to know about the announcement.
Earnings
Oceaneering International missed estimated earnings by 41.67%, reporting an EPS of $0.07 versus an estimate of $0.12.
Revenue was up $25.83 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 8.39% drop in the share price the next day.
Here's a look at Oceaneering International's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | -0.04 | 0.04 | 0.04 | |
EPS Actual | -0.06 | 0.05 | -0.01 | 0.10 |
Revenue Estimate | 440.39M | 467.96M | 485.42M | 452.98M |
Revenue Actual | 446.16M | 466.71M | 466.81M | 498.20M |
To track all earnings releases for Oceaneering International visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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