Navios Maritime (NMM) to Report Q4 Earnings: A Beat Likely?

FRO ANET NMM ATUS

Navios Maritime Partners L.P. (NMM - Free Report) is scheduled to release fourth-quarter 2019 earnings numbers on Feb 10, before market open. We note that Master limited partnerships (or MLPs) differ from regular stocks because interests in them are referred to as units. Notably, unitholders (not shareholders) are partners in the business.

The company has a decent track record with respect to earnings per share, having outperformed the Zacks Consensus Estimate in two of the last four quarters. It reported lower-than-expected earnings per share in the other two quarters.

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