Navios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2020

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Go back to Navios Maritime Partners L.P. Reports Financial Results for the First Quarter Ended March 31, 2020

Navios Maritime Partners (NMM) Misses Q1 EPS by $1.11, Revenues Miss

May 13, 2020 7:31 AM EDT

Navios Maritime Partners (NYSE: NMM) reported Q1 EPS of ($0.35), $1.11 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $46.5 million versus the consensus estimate of $54.02 million.

Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated, While the humanitarian crises caused by the Pandemic has been heartbreaking, we have also been... More