Navios Maritime Midstream Partners Q4 Results Slide Vs. Yr-Ago, Missing Views
Shares of Navios Maritime Midstream Partners ( NAP ) were up pre-market Wednesday even as the operator of crude oil tankers reported lower Q4 results from a year earlier that missed forecasts compiled by Capital IQ.
Q4 EPS was $0.28 per share, down from $0.44 per share in the year-ago quarter and below the $0.31 per share consensus.
Revenues fell to $22.8 million from $25.8 million and were just shy of the $22.9 million average estimate.
The company's board also said it will distribute an unchanged quarterly cash dividend of $0.4225 per share, payable on Feb. 14 to holders of record on Feb. 9.
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