NMM Earnings Prediction
The chart below shows how NMM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NMM sees a -0.91% change in stock price 10 days leading up to the earnings, and a +0.20% change 10 days following the report. On the earnings day itself, the stock moves by -2.14%. This data can give you a slight idea of what to expect for the next quarter's release.
NMM Key Earning Data
NMM Earnings Analysis
Positive
Quarterly Revenue and Income: For the quarter, we reported revenue and net income of $340.8 million and $97.8 million respectively.
Revenue and Net Income: For the first nine months, we reported revenue and net income of $1 billion and $272.6 million respectively.
Earnings per Common Unit: Earnings per common unit was $3.20 for the quarter and $8.87 for the first nine months.
Cash Reserves Status: We have $331.9 million of cash on our balance sheet.
Target Net Leverage Range: We continue on our glide path to our target net leverage range of 20% to 25%.
Negative
Quarterly Revenue and Income: For the quarter, we reported revenue and net income of $340.8 million and $97.8 million respectively.
Revenue and Net Income: For the first nine months, we reported revenue and net income of $1 billion and $272.6 million respectively.
Earnings per Common Unit: Earnings per common unit was $3.20 for the quarter and $8.87 for the first nine months.
Shipping Sector Performance: This past 18 months has been a good time for shipping. All sectors have been performing well.
Global Economic Challenges: More surprisingly, this performance has been in the phase of slowing growth from China and anemic European economy and two-armed conflict.
NMM FAQs
How does NMM typically perform around its earnings report dates?
NMM's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -0.91% change leading up to the report and a +0.20% change in the 10 days following the release.
Is Navios Maritime Partners L.P. Common Units (NMM) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
NMM Earning Call Sentiment
Navios Maritime Partners L.P. Common Units (NMM) Q3 2024 Earnings Call Transcript

NMM.N
-1.46%