Recap: Navios Maritime Partners Q1 Earnings
Portfolio Pulse from Benzinga Insights
Navios Maritime Partners (NYSE:NMM) reported Q1 earnings with an EPS of $2.13, missing estimates by 32.59%. Revenue was up $72.90 million YoY. Last quarter, the company also missed EPS estimates, followed by a 0.0% increase in share price.
May 23, 2023 | 10:35 am
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Navios Maritime Partners missed Q1 earnings estimates with an EPS of $2.13, a 32.59% miss. Revenue increased by $72.90 million YoY.
Navios Maritime Partners missed earnings estimates significantly, which could negatively impact the stock price in the short term. However, the company has a history of missing estimates and recovering, as seen in the previous quarter when the share price increased by 0.0% the day after missing EPS estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100