Navios Maritime Partners Q1 EPS $2.13 Misses $3.16 Estimate, Sales $309.52M Miss $312.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Navios Maritime Partners (NYSE:NMM) reported Q1 earnings of $2.13 per share, missing the analyst consensus estimate of $3.16 by 32.59%. Sales were $309.52M, missing the estimate of $312.00M by 0.79%. This is a 23.38% decrease in earnings and a 30.81% increase in sales compared to the same period last year.
May 23, 2023 | 10:33 am
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Navios Maritime Partners' Q1 earnings and sales missed analyst estimates, with a 23.38% decrease in earnings and a 30.81% increase in sales YoY.
Navios Maritime Partners' Q1 earnings and sales both missed analyst estimates, which could negatively impact the stock price in the short term. The decrease in earnings and the miss on sales estimates indicate potential challenges in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100