Navios Maritime (NMM) Q2 2026 Earnings Call Transcript

Navios Maritime Partners (NMM) reported Q2 2026 revenue of $410.2M, net income of $167.9M, and EPS of $5.78. H1 2026 revenue was $767.2M, net income $274.3M, and EPS $9.42. The company declared a $0.06 per unit cash distribution. It authorized a $200M common unit repurchase program and acquired vessels for $431.6M and $361.5M, with $4.4B in contracted revenue as of August 2026.

Navios Maritime Partners insider Angeliki Frangou bought 1,170 shares of NMM on May 28 at an average $70.65, for $82,660.50, raising her holdings to 4,733,023 shares (SEC filing). The article also notes NMM’s May 21 quarterly results: EPS $3.35 vs $2.77 consensus; revenue $357.01M vs $317.80M.

Meta Platforms (META) reported Q3 2026 revenue of $64.6B, up 26% YoY, with strong user growth and engagement. Expenses rose 68% YoY to $51.6B, including legal charges, reducing GAAP operating income by 37%. Free cash flow was negative $2.1B. Reality Labs revenue declined 6% YoY. The company launched Muse, an AI agent, and announced a 2-for-1 stock split. Meta expects significant AI investments to continue, with 2026 expenses projected at $175-179B and capital expenditures at $135-145B.

First Merchants (FRME) reported Q3 results with a focus on mid-single-digit loan growth, stable net interest margins, and modest expense increases. Management expects credit costs to normalize to 20–25 basis points. The company's stock is currently trading at $40.93. Investors should watch loan growth, expense impacts, and credit performance.

Bradesco (BBD) reported Q3 2026 earnings, highlighting growth in specific loan portfolios like private payroll loans (102% YoY) and vehicles (27%). The bank's NIM would be 9.3% without large corporate deductions. Non-performing loans (NPL) increased to 4.6%, driven by FGI and FGO guarantees. Bradesco's NII grew 14% YoY, with strong traction in fee and commission income.

PKG reported Q3 revenue of $2.60B (12.5% YoY growth), adjusted EPS of $3.04 (4.3% beat), and adjusted EBITDA of $577.2M (2.1% beat). Sales volumes rose 18.6% YoY, driven by demand outside agricultural markets. Greif acquisition synergies are tracking toward $40–$50M annually. Price increases and operational upgrades support margins, but cost inflation pressures persist. Management expects further margin improvement as price hikes flow through.