SEACOR Marine Holdings shares are trading lower after the company reported a year-over-year decrease in Q3 EPS results and worse-than-expected Q3 sales results.
Portfolio Pulse from Benzinga Newsdesk
SEACOR Marine Holdings reported a year-over-year decrease in Q3 EPS and worse-than-expected Q3 sales, leading to a decline in its share price.
October 31, 2024 | 5:04 pm
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SEACOR Marine Holdings reported disappointing Q3 earnings with a year-over-year decrease in EPS and sales below expectations, causing a decline in its stock price.
The company's Q3 earnings report showed a decrease in EPS compared to the previous year and sales that did not meet expectations. This negative financial performance is likely to lead to a short-term decline in the stock price as investors react to the disappointing results.
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