Navios Maritime Partners (NYSE:NMM) reported its Q1 earnings results on Tuesday, May 23, 2023 at 07:05 AM.
Here’s what investors need to know about the announcement.
Earnings
Navios Maritime Partners missed estimated earnings by 32.59%, reporting an EPS of $2.13 versus an estimate of $3.16.
Revenue was up $72.90 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.68 which was followed by a 0.0% increase in the share price the next day.
Here’s a look at Navios Maritime Partners’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 5.34 | 4.93 | 3.87 | 3.49 |
| EPS Actual | 3.66 | 3.68 | 3.83 | 2.78 |
| Revenue Estimate | 393.14M | 267.10M | 289.02M | 225.48M |
| Revenue Actual | 370.86M | 322.39M | 280.66M | 236.62M |
To track all earnings releases for Navios Maritime Partners visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
