Navios Maritime Partners (NYSE: NMM ) is expected to report Q1 earnings on April 25. 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 Partners's revenues will grow 2.0% and EPS will wane -16.7%.
The average estimate for revenue is $49.0 million. On the bottom line, the average EPS estimate is $0.25.
Last quarter, Navios Maritime Partners tallied revenue of $52.8 million. GAAP reported sales were 4.6% higher than the prior-year quarter's $50.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.29. GAAP EPS of $0.65 for Q4 were 97% higher than the prior-year quarter's $0.33 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 94.3%, 190 basis points better than the prior-year quarter. Operating margin was 39.3%, 310 basis points worse than the prior-year quarter. Net margin was 76.0%, much better than the prior-year quarter.
The full year's average estimate for revenue is $188.7 million. The average EPS estimate is $0.88.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 227 members out of 239 rating the stock outperform, and 12 members rating it underperform. Among 59 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give Navios Maritime Partners a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Navios Maritime Partners is hold, with an average price target of $15.17.
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