Navios Maritime Holdings (NYSE: NM ) is expected to report Q2 earnings around Aug. 19. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Navios Maritime Holdings' revenues will decrease -25.2%.
The average estimate for revenue is $123.8 million. On the bottom line, the average EPS estimate is $0.11.
Last quarter, Navios Maritime Holdings chalked up revenue of $152.0 million. GAAP reported sales were 16% lower than the prior-year quarter's $181.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.09. GAAP EPS were $0.09 for Q1 versus -$0.38 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 42.3%, 650 basis points worse than the prior-year quarter. Operating margin was 17.0%, 640 basis points worse than the prior-year quarter. Net margin was 6.2%, 2,720 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $526.9 million. The average EPS estimate is $0.41.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,573 members out of 1,611 rating the stock outperform, and 38 members rating it underperform. Among 294 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 284 give Navios Maritime Holdings a green thumbs-up, and 10 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Navios Maritime Holdings is outperform, with an average price target of $4.60.
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