PAM Transportation Services Inc reports results for the quarter ended in January 1 - Earnings Summary

PAMT

27/10/2024 15:52

* PAM Transportation Services Inc  PTSI.OQ  reported
quarterly
adjusted earnings of 11 cents​​ per share for the quarter ended
January 1, lower than the same quarter last year, when the
company reported EPS of 28 cents.  The lone analyst forecast for
the quarter was for earnings of 2 cents per share. 
    * Revenue fell 9.4% to $182.58 million from a year ago;
analysts
expected $184.40 million. 
    * PAM Transportation Services Inc's reported EPS for the
quarter
was 11 cents​.
    * The company reported quarterly net income of $2.41
million.
    * PAM Transportation Services Inc shares had fallen by 16.4%
this
quarter and lost 25.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "hold"

Wall Street's median 12-month price target for PAM
Transportation Services Inc is 22.00 
This summary was machine generated from LSEG data October 27 at
03:52 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.02           0.11           Beat
 Jun. 30 2024      0.08           -0.13          Missed
 Mar. 31 2024      0.07           0.01           Missed
 Dec. 31 2023      0.20           -0.10          Missed