Navios Maritime Holdings
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Navios Maritime Holdings beat expectations on revenues and met expectations on earnings per share.
Compared with the prior-year quarter, revenue shrank and GAAP earnings per share dropped significantly.
Margins contracted across the board.
Navios Maritime Holdings tallied revenue of $168.4 million. The two analysts polled by S&P Capital IQ anticipated revenue of $143.5 million on the same basis. GAAP reported sales were 11% lower than the prior-year quarter's $189.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.12. The two earnings estimates compiled by S&P Capital IQ forecast $0.12 per share on the same basis. GAAP EPS of $0.11 for Q4 were 75% lower than the prior-year quarter's $0.44 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 38.9%, 940 basis points worse than the prior-year quarter. Operating margin was 15.8%, 600 basis points worse than the prior-year quarter. Net margin was 7.0%, 2,110 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $156.0 million. On the bottom line, the average EPS estimate is $0.09.
Next year's average estimate for revenue is $675.8 million. The average EPS estimate is $0.50.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,589 members out of 1,621 rating the stock outperform, and 32 members rating it underperform. Among 386 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 379 give Navios Maritime Holdings a green thumbs-up, and seven 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 $5.37.
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