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

PAMT

22/04/2024 13:00

* PAM Transportation Services Inc  PTSI.OQ  reported
quarterly
adjusted earnings of 1 cent​​ per share for the quarter ended in
March, lower than the same quarter last year, when the company
reported EPS of 57 cents.  The lone analyst forecast for the
quarter was for earnings of 7 cents per share. 
    * Revenue fell 17.6% to $182.59 million from a year ago;
analysts
expected $181.70 million. 
    * PAM Transportation Services Inc's reported EPS for the
quarter
was 1 cent​.
    * The company reported quarterly net income of $281
thousand.
    * PAM Transportation Services Inc shares had fallen by 13.9%
this
quarter and lost 32.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 77.4%
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 $17.00 
This summary was machine generated from LSEG data April 22 at
12:00 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
 Mar. 31 2024      0.07           0.01           Missed
 Dec. 31 2023      0.20           -0.10          Missed
 Sep. 30 2023      0.35           0.28           Missed
 Jun. 30 2023      0.65           0.42           Missed