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

Pangaea Logistics Solutions

08/05/2021 03:01

* Pangaea Logistics Solutions Ltd  PANL.OQ   PANL.O  is expected
to show a rise in quarterly revenue when it reports results .
* The Newport, Rhode Island-based company is expected to report 
 a 7.9% increase in revenue to $103.5 million from $95.88
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 7 cents per share. For the same
quarter last year, the company reported a loss 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 had fallen by
about 36.4% in the last three months. ​
* Wall Street's median 12-month price target for Pangaea
Logistics Solutions Ltd is $4.85​, about 23.1% above​ its last
closing price of $3.73. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020              0.03       -0.09     Missed  -400
 Dec.          ​           0.10       0.11      Beat    10​
 31​ 2019​                                              
 Sep. 30 2019  0.29        0.29       0.19      Missed  -34.5​
 Jun. 30 2019  0.20        0.17       0.09      Missed  -45.5
 Mar. 31 2019  0.07        0.07       0.09      Beat    28.6
 This summary was machine generated May 8 at 02:01 GMT.  All
figures in US dollars unless otherwise stated