Trading Jumps for 5 Stocks as Earnings are Analyzed
Oceaneering International, Inc. (NYSE:OII) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 5.13% to $0.74 in the quarter versus EPS of $0.54 in the year-earlier quarter. Revenue rose 36.01% to $780.95 million from the year-earlier quarter.
Oceaneering International, Inc. reported adjusted EPS income of $0.74 per share. By that measure, the company beat the mean analyst estimate of $0.72. It beat the average revenue estimate of $736.81 million.