SEACOR Holdings Inc. (CKH) Thursday reported a decline in fourth-quarter net income to $17 million or $0.80 per share from $27 million or $1.27 per share last year.
Analysts polled by Thomson Reuters expected earnings of $1.28 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter fell to $562 million from $580.4 million a year ago. Analysts expected revenues of $548.5 million.
Florida-based SEACOR Holdings Inc. owns, operates, invests in, and markets equipment, in the offshore oil and gas, industrial aviation, and marine transportation industries worldwide.
by RTT Staff Writer
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