Navios Partners Q3 Earnings: Cash Flow, EBITDA Climb; $3.9 Billion In Contracted Revenue Secured
Navios Partners Q3 Earnings: Cash Flow, EBITDA Climb; $3.9 Billion In Contracted Revenue Secured
Earnings per unit was $3.20, missing the consensus of $4.29.Navios Maritime Partners L.P. (NYSE:NMM) shares are trading higher on Tuesday after the company reported third-quarter results.
navios maritime 合伙人有限合伙公司(NYSE:NMM)股价周二上涨，此前该公司公布了第三季度业绩报告。
Revenue was $340.8 million, missing the consensus of $377.0 million. The company's revenue rose 5.4%, led by the higher Time Charter Equivalent (TCE) rate.
营业收入为$34080万，低于$37700万的共识。公司营业收入增长了5.4%，主要受到较高的时间租船当量(TCE)费率的带动。
The TCE rate rose 7% to $23,591 per day, and the available days of the fleet decreased by 1.5% to 13,552 days.
TCE费率上涨了7%，至每天$23,591，舰队可用天数减少了1.5%，至13,552天。
Earnings per unit was $3.20, missing the consensus of $4.29.
单位盈利为$3.20，低于$4.29的共识。
Adjusted EBITDA rose to $195.4 million from $173.7 million a year ago, mainly led by higher time charter and voyage revenues.
调整后的EBITDA从一年前的$17370万上升至$19540万，主要受到较高的时间租船和航次收入的带动。
Operating cash flow for the quarter stood at $142.6 million, compared to $120.3 million a year ago.
本季度的营运现金流为$14260万，而一年前为$12030万。
The company held $331.9 million in cash and equivalents as of the end of September. The company has $3.9 billion contracted revenue as of October 2024.
截至9月底，公司持有$33190万的现金及等值物。截至2024年10月，该公司已签订了39亿美元的合同营收。
Navios Partners' board of directors declared a cash distribution of $0.05 per unit for the third quarter of 2024.
Navios Partners 的董事会宣布，将为2024年第三季度每单位分派$0.05的现金。
This distribution will be paid on Nov. 15, 2024, to unitholders recorded as of Nov. 12, 2024.
此分配将于2024年11月15日支付给截至2024年11月12日记录的持有人。
Angeliki Frangou, chairwoman and CEO of Navios Partners, said, "This past 18 months has been surprisingly positive for shipping given sputtering growth from China, weak European economies and two armed conflicts. The Ukrainian conflict, now in its third year, is evolving dangerously while the war in Israel, now in its second year, has expanded to Lebanon and includes the direct exchange of fire between Iran and Israel."
navios maritime的董事会主席兼首席执行官Angeliki Frangou表示：“在过去的18个月里，尽管中国增长疲软、欧洲经济疲弱并爆发两场冲突，但航运行业表现出人意料的积极态势。乌克兰冲突正进入第三年，演变得越来越危险，而以色列战争正进入第二年，已扩大至黎巴嫩，并包括伊朗和以色列之间直接的火力交换。”
"We are monitoring these intensifying risks and calibrating our business activity by continuing to maintain a youthful fleet, increasing contracted revenue, now at $3.9 billion, and targeting net leverage in the range of 20-25%, while also returning capital to our unitholders," Frangou added.
“我们正在密切关注这些不断加剧的风险，并通过继续保持年轻的船队、增加签约营业收入（现在为39亿美元）并将净杠杆目标区间定在20-25%，同时向我们的持有人返还资本，来校准我们的业务活动，” Frangou补充道。
Navios Partners has secured 80.7% and 54.3% of its available days for the fourth quarter of 2024 and for all of 2025, respectively.
对于2024年第四季度和2025年整个年度，Navios Partners已获得可用日的80.7%和54.3%的合同。
Navios Partners expects contracted revenue of $288.9 million for the fourth quarter of 2024 and $870.8 million for 2025. The average daily charter-out rate is projected at $26,052 for the fourth quarter of 2024 and $27,921 for 2025.
Navios Partners预计2024年第四季度营业收入为28890万美元，2025年为87080万美元。预计2024年第四季度的平均每日出租率为26,052美元，2025年为27,921美元。
NMM Price Action: Navios Maritime Partners shares are up 0.28% at $54.10 at publication Tuesday.
NMm股价走势：navios maritime合作伙伴的股价在本周二发行时上涨了0.28%，报54.10美元。
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Photo: Generic ship photo via Shutterstock
照片：船舶通用照片通过shutterstock
