Seacor Marine Hldgs Q4 EPS $0.20 Beats $(0.49) Estimate, Sales $73.08M Beat $63.55M Estimate
Portfolio Pulse from Happy Mohamed
Seacor Marine Holdings (SMHI) reported Q4 earnings of $0.20 per share, surpassing the consensus estimate of $(0.49) by 140.82%. Sales reached $73.08M, beating estimates of $63.55M by 15%. This marks a significant improvement from the previous year, with a 140% increase in earnings and a 26.17% increase in sales.

February 29, 2024 | 10:10 pm
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Seacor Marine Holdings reported a significant beat on both earnings and sales estimates for Q4, with earnings per share at $0.20 against a $(0.49) estimate and sales of $73.08M against a $63.55M estimate.
The substantial beat on both earnings per share and sales estimates for Q4 indicates a strong financial performance by Seacor Marine Holdings, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100