Navios Maritime Partners (NMM) Tops Q4 EPS by 3c, Beats on Revenues
Navios Maritime Partners (NYSE: NMM) reported Q4 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $59.3 million versus the consensus estimate of $57.93 million.
- Revenue: $211.7 million for the year; $59.3 million for Q4
- Net cash from operating activities: $53.9 million for the year; $16.0 million for Q4
- Adjusted EBITDA: $133.1 million for the year; $37.1 million for Q4
- Eight drybulk vessels added 2017-2018 YTD2017: Five vessels (net) added
- Seven younger (average age of 7.4 years at acquisition) drybulk vessels acquired
- Two older (average age of 20 years) drybulk vessels sold2018 YTD: Two drybulk vessels addedAgreement to Charter-in a vessel
For earnings history and earnings-related data on Navios Maritime Partners (NMM) click here.
