Navios Maritime Partners LP (NMM) Ascends But Remains Behind Market: Some Facts to Note

Heading into today, shares of the company had lost 6.8% over the past month, lagging the Transportation sector's loss of 0.1% and the S&P 500's loss of 1.16% in that time. For the annual period, the Zacks Consensus Estimates anticipate earnings of $14.69 per share and a revenue of $1.34 billion, signifying shifts of +17.99% and +2.24%, respectively, from the last year. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capita ...