Pangaea Logistics Solutions Ltd expected to post earnings of 7 cents a share - Earnings Preview

Pangaea Logistics Solutions

11/03/2025 20:12

Pangaea Logistics Solutions Ltd PANL.OQ PANL.O is expected to show a fall in quarterly revenue when it reports  results on March 13 for the period ending December 31 2024

The Newport Rhode Island-based  company is expected to report a 5.8% decrease in revenue to $124.176 million from $131.88 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 earnings of 7 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 was unchanged 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 $4.91. ​​​

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
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
Dec. 31 2022
0.25
0.29
0.34
Beat
18.1

This summary was machine generated March 11 at 20:12 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)