Navios Maritime Holdings Posts Loss In Q4 - Quick Facts

(RTTNews) - Navios Maritime Holdings Inc. (NM), an integrated seaborne shipping and logistics company, Wednesday said fourth-quarter net loss attributable to the company's stockholders was $69.98 million compared to a profit of $156.11 million last year.

Loss per share was $0.69 in comparison with earnings per share of $1.41 last year.

Adjusted basic loss per share was $0.18 while it was a loss of $0.01 per share last year. On average, 5 analysts polled by Thomson Reuters expected a loss of $0.09 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved to $130.59 million from $128.46 million in the prior year. Wall Street expected revenues of $124.61 million.

On February 17, the Board of Directors declared a quarterly cash dividend of $0.06 per share for the fourth quarter, payable on March 27.