SEACOR Marine (NYSE:SMHI) Announces Quarterly Earnings Results, Beats Estimates By $0.64 EPS

SEACOR Marine (NYSE:SMHI) announced its quarterly earnings data on Wednesday. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.64, Zacks reports. SEACOR Marine had a negative net margin of 16.81% and a negative return on equity of 13.32%.

SEACOR Marine Trading Down 3.1 %

Shares of NYSE:SMHI traded down $0.19 during midday trading on Wednesday, hitting $5.71. The company had a trading volume of 211,800 shares, compared to its average volume of 143,189. The firm has a fifty day simple moving average of $6.64 and a 200 day simple moving average of $8.00. The stock has a market cap of $157.85 million, a price-to-earnings ratio of -3.40 and a beta of 1.28. The company has a current ratio of 1.63, a quick ratio of 1.59 and a debt-to-equity ratio of 0.84. SEACOR Marine has a 12 month low of $5.62 and a 12 month high of $15.36.

SEACOR Marine Company Profile

SEACOR Marine Holdings Inc provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including offshore wind farms; handle anchors and mooring equipment for offshore rigs and platforms; assist offshore operations for production and storage facilities; provide construction, well work-over, and offshore wind farm installation and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as offer accommodations for technicians and specialists, safety support, and emergency response services.