Oceaneering Reports Third Quarter 2017 Results

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Go back to Oceaneering Reports Third Quarter 2017 Results

Oceaneering Intl (OII) PT Lowered to $18 at Jefferies; Reiterates Hold

October 27, 2017 8:13 AM EDT

Jefferies lowered its price target on Oceaneering Intl (NYSE: OII) to $18.00 (from $25.00) while maintaining a Hold rating.

Jefferies lowered 2018 and 2019 EPS estimates to ($0.55) and ($0.10) from $0.15 and $0.85, respectively. The two biggest segments influencing this large downward revision are ROVs, and Subsea Products.

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Oceaneering (OII) Misses Q3 EPS by 1c

October 25, 2017 5:03 PM EDT

Oceaneering (NYSE: OII) reported Q3 EPS of $0.02, $0.01 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $476 million versus the consensus estimate of $508.66 million.

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

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