Seacor Holdings Turns To Profit In Q4

(RTTNews) - Seacor Holdings Inc. (CKH) Monday reported fourth-quarter net income attributable to the company of $8.4 million or $0.41 per share, compared to net loss of $2.6 million or $0.13 per share last year.

For the quarter ended December 31, 2013, net income attributable to SEACOR Holdings Inc. from continuing operations was $8.4 million, or $0.41 per diluted share. On average, three analysts polled by Thomson Reuters estimated earnings of $0.97 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue for the quarter declined to $327.86 million from $362.37 million last year. Analysts estimated revenue of $335.26 million.