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OIIBearishEarningsnews
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Oceaneering International (OII) Misses Q2 Earnings Estimates

Jul 24, 2024, 7:21 PM EDT1 sourcesAI-analyzed

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OII's Q2 earnings missed estimates at $0.28 against $0.37 expected. Revenues of $668.81 million exceeded expectations by 0.55%. Stock has increased 23.2% this year, outperforming the S&P 500. Current Zacks Rank is #3 (Hold), indicating neutral performance expectations. Oil and Gas services industry is in bottom 13% of Zacks rankings.

  • OII's Q2 earnings missed estimates at $0.28 against $0.37 expected.
  • Revenues of $668.81 million exceeded expectations by 0.55%.
  • Stock has increased 23.2% this year, outperforming the S&P 500.
  • Current Zacks Rank is #3 (Hold), indicating neutral performance expectations.
  • Oil and Gas services industry is in bottom 13% of Zacks rankings.

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