Oceaneering International: Q3 Earnings Insights

Oceaneering International OII reported its Q3 earnings results on Wednesday, October 27, 2021 at 05:01 PM.

Here's what investors need to know about the announcement.

Earnings

Oceaneering International missed their estimated earnings by 125.0%, reporting an EPS of $-0.01 versus an estimate of $0.04, which surprised analysts.

Revenue was up $27,071,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06, which was followed by a 2.59% increase in the share price the next day.

Here's a look at Oceaneering International's past performance:

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