Oceaneering International's Q3 Earnings Lag Estimates, Revenues Beat
Oceaneering International(OII) ZACKS·2024-10-25 20:35
Oceaneering International, Inc. (OII) reported an adjusted third-quarter 2024 profit of 36 cents per share, which missed the Zacks Consensus Estimate of 44 cents. This was due to lower-than-expected operating income from the company’s Subsea Robotics, Offshore Projects Group, Integrity Management & Digital Solutions and Aerospace and Defense Technologies segments.However, the bottom line was flat year over year. This can be attributed to year-over-year strong operating income from the Manufactured Product ...