Once these most recent quarterly results are finalized, they will be run through TheStreet.com Ratings' model and our ratings will be adjusted accordingly. To keep up to date on all of our ratings, visit TheStreet.com Ratings Screener. On April 22, 2009, SEACOR Holdings ( CKH) reported that its Q1 FY09 earnings surged 44.6% on higher revenue and gain on asset disposition and impairments. Net income for the latest first quarter soared to $52.99 million or $2.36 per share from $36.65 million or $1.50 per share in Q1 FY08. The latest quarterly earnings topped the most recent consensus estimate of $1.94 per share. Operating revenues grew 12.7% to $399.52 million from $354.46 million in the corresponding quarter last year, driven by higher revenue from the Offshore Marine Services and Commodity Trading segments. Offshore Marine Services revenue rose 6.6% to $164.78 million from $154.65 million in Q1 FY08. Within this segment, the number of days available for charter in Q1 FY09 decreased by 6.0%. Overall utilization decreased 660 basis points to 80.90% from 87.50%, and overall average day rates increased 3.0% to $12,777 per day from $12,402 per day in the preceding quarter. Revenue from Inland River Services grew 22.8% to $37.01 million, while Aviation Services revenue rose 10.4% to $59.39 million. Similarly, revenue from the Commodity Trading segment more than doubled to $64.50 million from $28.67 million, while Harbor and Offshore Towing revenue was $16.35 million, up 0.5% from $16.26 million. On the flipside, revenue from the Marine Transportation and Environmental Services segments slipped 8.3% and 19.5% to $26.54 million and $34.23 million, respectively. The company's unfunded capital commitments at the end of Q1 FY09 consisted primarily of offshore marine vessels, helicopters, ocean liquid tank barges and inland river towboats and totaled $124.60 million, of which $87.00 million is payable during FY09 and the balance payable through FY10.