Oceaneering International OII releases its next round of earnings Wednesday. Here's Benzinga's essential guide to Oceaneering International's Q2 earnings report.
Earnings and Revenue
Oceaneering International's per-share loss will be near 25 cents on sales of $446.46 million, according to Wall Street analysts.
In the same quarter last year, Oceaneering International posted EPS of 2 cents on sales of $515 million. If the company were to report inline earnings when it publishes results Wednesday, earnings would be down 1350.00 percent. Sales would be down 13.31 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | -0.32 | -0.1 | 0.03 | -0.01 |
EPS Actual | -0.41 | -0.08 | 0.02 | 0.02 |
Stock Performance
Over the last 52-week period, shares are up 8.83 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The popular rating by analysts on Oceaneering International stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.