Recap: Navios Maritime Partners Q1 Earnings

Navios Maritime Partners 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.

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