Navios Maritime Acquisition (NNA) to Release Earnings on Monday

Navios Maritime Acquisition (NYSE:NNA) is scheduled to be releasing its earnings data before the market opens on Monday, May 13th. Analysts expect Navios Maritime Acquisition to post earnings of ($0.61) per share for the quarter.

Navios Maritime Acquisition (NYSE:NNA) last posted its quarterly earnings data on Wednesday, February 6th. The shipping company reported ($1.36) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.72) by ($0.64). The company had revenue of $56.32 million for the quarter, compared to analyst estimates of $54.08 million. Navios Maritime Acquisition had a negative return on equity of 19.34% and a negative net margin of 45.96%. On average, analysts expect Navios Maritime Acquisition to post $-3 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE:NNA opened at $6.97 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 3.04. The firm has a market cap of $93.23 million, a price-to-earnings ratio of -0.92 and a beta of 2.73. Navios Maritime Acquisition has a fifty-two week low of $2.90 and a fifty-two week high of $11.70.

A number of brokerages have recently commented on NNA. Zacks Investment Research cut shares of Navios Maritime Acquisition from a “buy” rating to a “hold” rating in a research report on Tuesday, April 30th. ValuEngine cut shares of Navios Maritime Acquisition from a “hold” rating to a “sell” rating in a research report on Tuesday, January 22nd. Finally, Citigroup began coverage on shares of Navios Maritime Acquisition in a research report on Monday, April 1st. They issued a “neutral” rating for the company.

ILLEGAL ACTIVITY WARNING: This report was first posted by American Banking News and is the property of of American Banking News. If you are accessing this report on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this report can be accessed at https://www.americanbankingnews.com/2019/05/10/navios-maritime-acquisition-nna-to-release-earnings-on-monday.html.

Navios Maritime Acquisition Company Profile

Navios Maritime Acquisition Corporation provides marine transportation services worldwide. The company owns a fleet of crude oil, refined petroleum product, and chemical tankers. It charters its vessels to oil companies, refiners, and large vessel operators under long, medium, and short term charters.

Read More: Stock Symbols Definition, Examples, Lookup

Earnings History for Navios Maritime Acquisition (NYSE:NNA)

Receive News & Ratings for Navios Maritime Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Navios Maritime Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply