Navios Maritime Partners (NMM) Misses Q2 EPS by 25c
Get Alerts NMM Hot Sheet
Join SI Premium – FREE
Navios Maritime Partners (NYSE: NMM) reported Q2 EPS of ($0.20), $0.25 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $44.9 million versus the consensus estimate of $50.13 million.
Net income for the three months ended June 30, 2016 was negatively affected by the accounting effect of a $17.2 million impairment loss on one of our vessels. Excluding this item, Adjusted net income for the three months ended June 30, 2016 amounted to $0.4 million compared to $11.4 million for the three months ended June 30, 2015.
For earnings history and earnings-related data on Navios Maritime Partners (NMM) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Meritage Homes Corporation (MTH) Tops Q1 EPS by 151c; offers guidance
- Live Oak Bancshares, Inc. (LOB) Misses Q1 EPS by 11c
- Towne Bank (TOWN) Reports In-Line Q1 EPS
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!