Navios Maritime Partners (NYSE:NMM) reported its Q1 earnings results on Tuesday, May 10, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Navios Maritime Partners missed estimated earnings by 20.34%, reporting an EPS of $2.78 versus an estimate of $3.49.
Revenue was up $171.55 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.32 which was followed by a 2.6% drop in the share price the next day.
Here's a look at Navios Maritime Partners's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 4.35 | 3.24 | 2.93 | 1.73 |
| EPS Actual | 4.03 | 4.77 | 4.31 | 1.01 |
| Revenue Estimate | 272.59M | 200.05M | 146.03M | 67.55M |
| Revenue Actual | 268.15M | 227.96M | 152.01M | 65.06M |
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.
