Navios Maritime Partners (NYS: NMM) is expected to report Q2 earnings on July 26. 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 improve 5.8% and EPS will contract 16.7%.
The average estimate for revenue is $48.3 million. On the bottom line, the average EPS estimate is $0.30.
Last quarter, Navios Maritime Partners reported revenue of $48.0 million. GAAP reported sales were 12% higher than the prior-year quarter's $42.8 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 $0.30. GAAP EPS of $0.30 for Q1 were 6.3% lower than the prior-year quarter's $0.32 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 93.3%, 20 basis points better than the prior-year quarter. Operating margin was 39.8%, 360 basis points worse than the prior-year quarter. Net margin was 35.3%, 350 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $192.6 million. The average EPS estimate is $1.17.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 199 members out of 211 rating the stock outperform, and 12 members rating it underperform. Among 62 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 57 give Navios Maritime Partners a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Navios Maritime Partners is outperform, with an average price target of $19.25.
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The article Are You Expecting This From Navios Maritime Partners? originally appeared on Fool.com.
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