Insights into Oceaneering International's Upcoming Earnings
Portfolio Pulse from Benzinga Insights
Oceaneering International (NYSE:OII) is set to announce its quarterly earnings on October 23, 2024, with analysts estimating an EPS of $0.44. The company's past performance shows mixed results, with a recent EPS miss leading to a share price increase. Analysts have a consensus 'Buy' rating with a price target of $29.0, indicating a potential upside. Oceaneering's financials show positive revenue growth but challenges in profitability.
October 22, 2024 | 6:04 pm
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Oceaneering International is expected to announce its earnings with an estimated EPS of $0.44. The company has a 'Buy' rating and a price target of $29.0, suggesting a potential upside. Past performance shows mixed results, with a recent EPS miss leading to a share price increase.
The upcoming earnings announcement is crucial for Oceaneering International, with analysts expecting an EPS of $0.44. The company's past performance shows that even an EPS miss can lead to a share price increase, indicating strong investor sentiment. The 'Buy' rating and price target suggest a positive outlook.
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