Navios Maritime Hldgs Q2 EPS $0.27 Down From $1.37 YoY, Sales $81.90M Up From $69.20M YoY
Portfolio Pulse from Benzinga Newsdesk
Navios Maritime Hldgs (NYSE:NM) reported Q2 earnings of $0.27 per share, a decrease of 80.29% YoY. However, the company's sales increased by 18.35% YoY to $81.90 million.
August 24, 2023 | 11:39 am
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NEUTRAL IMPACT
Navios Maritime Hldgs reported a significant decrease in Q2 earnings but an increase in sales. This mixed result could lead to uncertainty in the market.
Navios Maritime Hldgs reported a significant decrease in earnings, which could negatively impact the stock. However, the increase in sales could offset this negative impact, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100