Pangaea Logistics Solutions Ltd expected to post a loss of 12 cents a share - Earnings Preview

Pangaea Logistics Solutions

05/05/2025 12:50

Pangaea Logistics Solutions Ltd PANL.OQ PANL.O is expected to show a rise in quarterly revenue when it reports  results on May 7 (estimated) for the period ending March 31 2025

The Newport Rhode Island-based  company is expected to report a 24.6% increase in revenue to $130.5 million from $104.75 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 a loss of 12 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 had fallen by about 27.6% 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 $4.17. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.08
0.07
0.18
Beat
157.1
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

This summary was machine generated May 5 at 11:50 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)