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Recap: Seacor Marine Q1 Earnings

Shares of Seacor Marine Hldgs (NYSE:SMHI) fell 5.9% after the company reported Q1 results. Quarterly Results Earnings per share were up 40.54% over the past year to ($0.66), which missed the estimate of ($0.62).

Benzinga · 05/11/2020 13:58

Shares of Seacor Marine Hldgs (NYSE:SMHI) fell 5.9% after the company reported Q1 results.

Quarterly Results

Earnings per share were up 40.54% over the past year to ($0.66), which missed the estimate of ($0.62).

Revenue of $41,743,000 lower by 25.79% from the same period last year, which missed the estimate of $45,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Seacor Marine Hldgs hasn't issued any revenue guidance for the time being.

Recent Stock Performance

Company's 52-week high was at $15.16

Company's 52-week low was at $2.32

Price action over last quarter: down 65.57%

Company Overview

Seacor Marine Holdings Inc provides marine and support transportation services to offshore oil and gas exploration, development and production facilities. The services provided include crew transportation, platform supply, offshore accommodation, maintenance support, standby safety services, anchor handling and mooring capabilities, and lifeboats. The company's reportable geographical segments are United States ( primarily Gulf of Mexico), Africa ( primarily West Africa), Middle East and Asia, Latin America, and Europe Continuing Operations.