Pangaea Logistics Solutions Ltd PANL.OQ PANL.O is expected to show a fall in quarterly revenue when it reports results on March 13 for the period ending December 31 2024
The Newport Rhode Island-based company is expected to report a 5.8% decrease in revenue to $124.176 million from $131.88 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Pangaea Logistics Solutions Ltd is for earnings of 7 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Pangaea Logistics Solutions Ltd is $10.25, above its last closing price of $4.91.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.28 | 0.27 | 0.11 | Missed | -59.6 |
Jun. 30 2024 | 0.07 | 0.15 | 0.08 | Missed | -46.7 |
Mar. 31 2024 | 0.14 | 0.14 | 0.25 | Beat | 85.2 |
Dec. 31 2023 | 0.34 | 0.34 | 0.03 | Missed | -91.1 |
Sep. 30 2023 | 0.16 | 0.15 | 0.42 | Beat | 173.9 |
Jun. 30 2023 | 0.13 | 0.17 | 0.06 | Missed | -64.7 |
Mar. 31 2023 | 0.06 | 0.06 | 0.08 | Beat | 25.6 |
Dec. 31 2022 | 0.25 | 0.29 | 0.34 | Beat | 18.1 |
This summary was machine generated March 11 at 20:12 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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