Seacor Holdings (NYSE: CKH ) reported earnings on May 3. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Seacor Holdings whiffed on revenues and whiffed on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share increased significantly.
Margins improved across the board.
Revenue details
Seacor Holdings chalked up revenue of $497.9 million. The two analysts polled by S&P Capital IQ looked for revenue of $564.7 million on the same basis. GAAP reported sales were 14% higher than the prior-year quarter's $438.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $0.66. The three earnings estimates compiled by S&P Capital IQ forecast $1.24 per share. GAAP EPS of $1.75 for Q1 were 237% higher than the prior-year quarter's $0.52 per share. (The prior-year quarter included -$0.06 per share in earnings from discontinued operations.)
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 22.9%, 90 basis points better than the prior-year quarter. Operating margin was 5.7%, 200 basis points better than the prior-year quarter. Net margin was 7.3%, 470 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $582.3 million. On the bottom line, the average EPS estimate is $1.43.
Next year's average estimate for revenue is $2.36 billion. The average EPS estimate is $5.62.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 110 members out of 115 rating the stock outperform, and five members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give Seacor Holdings a green thumbs-up, and one gives it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Seacor Holdings is hold, with an average price target of $97.00.
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