SEACOR Marine (NYSE:SMHI) Posts Earnings Results, Beats Estimates By $0.31 EPS
SEACOR Marine (NYSE:SMHI) reported its quarterly earnings, exceeding analyst EPS estimates by $0.31 with a reported ($0.61) against a consensus of ($0.92). However, the company missed revenue estimates, reporting $44.28 million versus a projected $49.30 million, and remains unprofitable. Institutional investors show mixed activity, with some increasing their stakes while analysts maintain a "Hold" consensus rating with a $10.00 target price.