SEACOR Marine(SMHI) ZACKS·2024-07-31 23:51Group 1 - Seacor Marine reported a quarterly loss of 0.16, representing an earnings surprise of -181.25% [1] - The company posted revenues of 66.89 million year-over-year [2] - Over the last four quarters, Seacor Marine has surpassed consensus EPS estimates only once, indicating inconsistent performance [2] Group 2 - The stock has gained approximately 7.6% since the beginning of the year, underperforming compared to the S&P 500's gain of 14% [3] - The current consensus EPS estimate for the upcoming quarter is 75.74 million, while for the current fiscal year, it is -277.63 million [7] - The Zacks Industry Rank for Transportation - Shipping is currently in the top 30% of over 250 Zacks industries, suggesting a favorable outlook for the industry [8] Group 3 - The estimate revisions trend for Seacor Marine is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - Another company in the same industry, ZIM Integrated Shipping Services, is expected to report quarterly earnings of $1.19 per share, reflecting a year-over-year change of +186.9% [9]