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Oceaneering International (OII) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Oceaneering International (OII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
OII's recent contracts highlight its expansion into a key market and underscore its strong relationship with major clients in the UK North Sea region.
As of July 26, 2024, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Oceaneering (OII) expects full-year 2024 consolidated adjusted EBITDA to be between $340 million and $370 million, with net income anticipated to range from $130 million to $150 million.
Oceaneering International (OII) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.18 per share a year ago.
Oceaneering (OII) is expected to report higher revenues from the year-ago period's level. However, despite this revenue growth, the company is expected to face increased costs of services and products.
Finding millionaire-making stocks is not easy. While we can't tell the future, we can do the next best thing: think forward, gauge a company's room for growth, and determine how it intends to reach the next level.
Oceaneering's (OII) Offshore Projects Group segment secures multiple contracts for vessel services in the Gulf of Mexico, boosting fleet utilization with IMR, installation and advanced subsea tech.
HOUSTON--(BUSINESS WIRE)--Oceaneering Awarded Multiple Contracts for OPG Vessel Services in the Gulf of Mexico.
HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for Second Quarter 2024 Earnings Release and Conference Call: July 24 and July 25.