SEACOR Holdings Announces Third Quarter Results

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Seacor Holdings (CKH) Tops Q3 EPS by 36c, Revenues Miss

October 23, 2018 5:46 PM EDT

Seacor Holdings (NYSE: CKH) reported Q3 EPS of $0.88, $0.36 better than the analyst estimate of $0.52. Revenue for the quarter came in at $220.26 million versus the consensus estimate of $222.45 million.

For the third quarter, net income was $17.1 million ($0.88 per diluted share) including net mark-to-market gains of $1.4 million ($0.06 per diluted share) related to the Companys investment in 5.2 million shares of Dorian LPG Ltd. (Dorian).For the preceding quarter, net income was $45.1 million ($2.14 per diluted share) including a net gain of $42.6 million ($1.89 per diluted share) related to the sale of the Companys interest in Hawker Pacific... More