Pangaea Logistics Solutions Ltd reports results for the quarter ended in December - Earnings Summary

Pangaea Logistics Solutions

16/03/2022 21:01

* Pangaea Logistics Solutions Ltd  PANL.OQ  reported
quarterly
adjusted earnings of 34 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 53 cents per share.
    * Revenue rose 107.8% to $234.56 million from a year ago; 
analysts expected $183.14 million. 
    * Pangaea Logistics Solutions Ltd's reported EPS for the
quarter
was 34 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Pangaea Logistics Solutions Ltd shares had risen by 42.9%
this
quarter.
    * The company reported quarterly net income of $15.15
million.
    * Wall Street's median 12-month price target for Pangaea
Logistics
Solutions Ltd is $6.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 16 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated