Oceaneering (OII) Tops Q4 EPS by 5c

Oceaneering (NYSE: OII) reported Q4 EPS of $0.05, $0.05 better than the analyst estimate of $0.00. Revenue for the quarter came in at $466.7 million versus the consensus estimate of $467.96 million.

Guidance for 2022:

• Consolidated EBITDA of $225 million to $275 million
• Continued significant free cash flow generation in the range of $75 million to $125 million
• Increased growth capital expenditures as compared to 2021

For earnings history and earnings-related data on Oceaneering (OII) click here.

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