Navios Maritime Partners L.P. (NYSE: NMM) has announced that it will be releasing its financial results for the third quarter of 2024 on Tuesday 5th November 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
Financial analysts on Wall Street are anticipating that the business will announce an estimated $3.99 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $337.46 million for this period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $2.68. This numbers can be credited to the company's total revenue, which amounted to an impressive $323.18 million during the same quarter.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.3 billion. At the same time, they are expecting the company to achieve per share profit of $13.5 for the fiscal year ahead.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.06 | -7.8% | 342.16 M | -1.4% |
| Q1 2024 | $2.32 | +8.9% | 318.56 M | +2.9% |
| Q4 2023 | $4.32 | +18.0% | 327.25 M | -11.8% |
| Q3 2023 | $2.68 | -27.2% | 323.18 M | +0.2% |
| Q2 2023 | $3.32 | -13.3% | 346.94 M | +23.6% |
| *Growth on year-over-year basis | ||||
NMM will host a conference call with investment community on 5th November 2024 at 08:30 AM eastern time to discuss the financial results.
During Friday's trading, Navios Maritime Partners L.P. (NMM) shares reached a low of $53.38 and a high of $54.31, along with a total volume of 165.00 thousand shares. The stock ended the regular trading session at $53.43, showing an advance of 0.15 percent.
