SEACOR Marine Announces First Quarter 2019 Results

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SEACOR Marine (SMHI) Misses Q1 EPS by 51c, Revenues Miss

May 10, 2019 6:33 AM EDT

SEACOR Marine (NYSE: SMHI) reported Q1 EPS of ($1.11), $0.51 worse than the analyst estimate of ($0.60). Revenue for the quarter came in at $56.25 million versus the consensus estimate of $70 million.

Chief Executive Officer John Gellert commented on SEACOR Marine's first quarter results:

This quarter brought many positive developments. Although the first quarter is a period of seasonally lower activity for our fleet,... More