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
For comments and feedback: email@example.com