Equities analysts expect that Navios Maritime Midstream Partners LP (NYSE:NAP) will post earnings of $0.23 per share for the current quarter, Zacks reports. Two analysts have made estimates for Navios Maritime Midstream Partners’ earnings, with estimates ranging from $0.22 to $0.23. Navios Maritime Midstream Partners posted earnings per share of $0.28 in the same quarter last year, which indicates a negative year-over-year growth rate of 17.9%. The firm is expected to announce its next earnings report on Thursday, July 27th.

Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Navios Maritime Midstream Partners.

Navios Maritime Midstream Partners (NYSE:NAP) last posted its quarterly earnings data on Thursday, April 27th. The shipping company reported $0.22 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.25 by $0.03. Navios Maritime Midstream Partners had a net margin of 21.97% and a return on equity of 7.12%. The company had revenue of $21.10 million for the quarter, compared to analysts’ expectations of $21.42 million. During the same period in the previous year, the firm earned $0.36 earnings per share. The firm’s quarterly revenue was down 12.4% on a year-over-year basis.

Several research firms recently commented on NAP. Zacks Investment Research lowered Navios Maritime Midstream Partners from a “hold” rating to a “sell” rating in a report on Friday, April 21st. ValuEngine lowered Navios Maritime Midstream Partners from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $11.00.

Navios Maritime Midstream Partners (NYSE:NAP) opened at 9.9101 on Wednesday. The stock’s 50 day moving average price is $10.66 and its 200-day moving average price is $11.11. The stock has a market capitalization of $207.39 million, a PE ratio of 9.6968 and a beta of 0.47. Navios Maritime Midstream Partners has a 52-week low of $9.07 and a 52-week high of $14.20.

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Navios Maritime Midstream Partners Company Profile

Navios Maritime Midstream Partners L.P. (Navios Midstream) is a holding company. The Company’s principal activity is to own, operate and acquire crude oil tankers under long-term employment contracts, as well as refined petroleum product tankers, chemical tankers, and liquefied petroleum gas (LPG) tankers under long-term employment contracts.

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