UPDATE 1-Navios Q4 earnings miss estimate

* Q4 EPS $0.11 vs. Est $0.12

* Revenue down 31 percent

Feb 23 (BestGrowthStock) – Shipping company Navios Maritime
Holdings Inc (NM.N: ) reported lower-than-expected quarterly
earnings, hurt by an increase of depreciation and amortization
and higher net interest expenses. Net income for the quarter
was $12.5 million, or 11 cents a share, compared with a net
loss of $5.6 million, or 6 cents a share, in the year ago
quarter.

Total revenue for the quarter fell 31 percent to $148.7
million.

Analysts, on average, were expecting earnings of 12 cents a
share, before special items, on revenue of $137.8 million,
according to Thomson Reuters I/B/E/S.

Shares of the company closed at $6.44 Monday on the New
York Stock Exchange.

Stock Market Investing

(Reporting by Hezron Selvi in Bangalore; Editing by Jarshad
Kakkrakandy)

UPDATE 1-Navios Q4 earnings miss estimate