Navios Maritime Partners (NMM) Tops Q4 EPS by 3c, Beats on Revenues

Navios Maritime Partners (NYSE: NMM) reported Q4 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $59.3 million versus the consensus estimate of $57.93 million.

• Revenue: $211.7 million for the year; $59.3 million for Q4
• Net cash from operating activities: $53.9 million for the year; $16.0 million for Q4
• Adjusted EBITDA: $133.1 million for the year; $37.1 million for Q4
• Eight drybulk vessels added 2017-2018 YTD2017: Five vessels (net) added
• Seven younger (average age of 7.4 years at acquisition) drybulk vessels acquired
• Two older (average age of 20 years) drybulk vessels sold2018 YTD: Two drybulk vessels addedAgreement to Charter-in a vessel

For earnings history and earnings-related data on Navios Maritime Partners (NMM) click here.

You May Also Be Interested In

• Primoris cuts 2026 outlook on renewables cost overruns, COO exits
• Wintermar acquires full control of Fast Offshore Supply, adding 5 new CTVs
• Robinhood prices $2B convertible notes offering due 2029