Seacor Marine Hldgs Q3 EPS $(0.59) Down From $(0.03) YoY, Sales $68.92M Miss $77.63M Estimate
Portfolio Pulse from Benzinga Newsdesk
Seacor Marine Holdings reported a significant decrease in Q3 EPS to $(0.59) from $(0.03) YoY, with sales of $68.92M missing the $77.63M estimate.
October 30, 2024 | 9:17 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Seacor Marine Holdings reported a significant decline in Q3 earnings per share to $(0.59), a 1866.67% decrease from the previous year, and sales of $68.92 million, missing the analyst estimate by 11.23%.
The significant drop in EPS and the miss on sales estimates are likely to negatively impact investor sentiment and the stock price in the short term. The large percentage decrease in EPS and the sales miss indicate potential operational challenges.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100