PAMT Corp PAMT.OQ reported a quarterly adjusted loss of 46 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -13 cents. The lone analyst forecast for the quarter was for a loss of 22 cents per share.
Revenue fell 17.4% to $151.13 million from a year ago; analysts expected $161.00 million.
PAMT Corp's reported EPS for the quarter was a loss of 46 cents.
The company reported a quarterly loss of $9.63 million.
PAMT Corp shares had risen by 4.0% this quarter and lost 18.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1,000% 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 "buy."
Wall Street's median 12-month price target for PAMT Corp is $12.50, about 7% below its last closing price of $13.38
This summary was machine generated from LSEG data July 25 at 08:31 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)