Pangaea Logistics Solutions Ltd expected to post earnings of 22 cents a share - Earnings Preview

Pangaea Logistics Solutions

07/08/2021 03:03

* Pangaea Logistics Solutions Ltd  PANL.OQ   PANL.O  is expected
to show a rise in quarterly revenue when it reports results on
August 10. 
* The Newport, Rhode Island-based company is expected to report 
 a 134.6% increase in revenue to $165.17 million from $70.4
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Pangaea Logistics
Solutions Ltd is for earnings of 22 cents per share. For the
same quarter last year, the company reported earnings of 9 cents
per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Pangaea
Logistics Solutions Ltd is $4.85​, about 1.4% below​ its last
closing price of $4.92. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.07        0.07       0.13      Beat    85.7
 Dec. 31 2020  0.06        0.07       0.17      Beat    142.9
 Sep. 30 2020  0.22        0.22       0.19      Missed  -13.6​
 Jun. 30 2020  -0.14       -0.14      0.09      Beat    164.3
 Mar.          ​           0.03       -0.09     Missed  -400​
 31​ 2020​                                              
 Dec. 31 2019              0.10       0.11      Beat    10​
 Sep. 30 2019  0.29        0.29       0.19      Missed  -34.5
 Jun. 30 2019  0.20        0.17       0.09      Missed  -45.5
 This summary was machine generated August 7 at 02:03 GMT.  All
figures in US dollars unless otherwise stated