Upgrade to SI Premium - Free Trial

Oceaneering International, Inc. (OII) Tops Q3 EPS by 14c; Boosts Fy11 Outlook; Guides Q4, Fy12

October 26, 2011 5:02 PM
Oceaneering International, Inc. (NYSE: OII) reported Q3 EPS of $0.72, $0.14 better than the analyst estimate of $0.58. Revenue for the quarter came in at $602.21 million versus the consensus estimate of $566.13 million.

Oceaneering International, Inc. sees FY2011 EPS of $2.11-$2.15, versus prior guidance of $1.90-$1.98 and the consensus of $2.00.

Oceaneering International, Inc. sees Q4 2011 EPS of $0.48-$0.52, versus the consensus of $0.53.

Initiates 2012 EPS guidance with a range of $2.35 to $2.55, versus $2.50 consensus.

Categories

Earnings Guidance Hot Guidance