Oceaneering International Q3 Adj. EPS $0.50 Misses $0.58 Estimate, Sales $784.554M Beat $773.229M Estimate

Oceaneering International (NYSE:OII) reported quarterly earnings of $0.50 per share which missed the analyst consensus estimate of $0.58 by 13.79 percent. This is a 9.09 percent decrease over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $784.554 million which beat the analyst consensus estimate of $773.229 million by 1.46 percent. This is a 5.61 percent increase over sales of $742.898 million the same period last year.