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.

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.

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.