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

PAMT

25/07/2024 24:52

* PAM Transportation Services Inc  PTSI.OQ  reported a
quarterly
adjusted loss of 13 cents​​ per share for the quarter ended in
June, lower than the same quarter last year, when the company
reported EPS of 42 cents.  The lone analyst forecast for the
quarter was for earnings of 8 cents per share. 
    * Revenue fell 11.8% to $182.95 million from a year ago;
analysts
expected $186.70 million. 
    * PAM Transportation Services Inc's reported EPS for the
quarter
was a loss of 13 cents​.
    * The company reported a quarterly loss of $2.91 million.
    * PAM Transportation Services Inc shares had risen by 19.3%
this
quarter and lost 0.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 27.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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 $17.00 
This summary was machine generated from LSEG data July 24 at
11:52 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
 Jun. 30 2024      0.08           -0.13          Missed
 Mar. 31 2024      0.07           0.01           Missed
 Dec. 31 2023      0.20           -0.10          Missed
 Sep. 30 2023      0.35           0.28           Missed