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

Pangaea Logistics Solutions

12/05/2021 01:23

* Pangaea Logistics Solutions Ltd  PANL.OQ  reported quarterly
adjusted earnings of 13 cents​​ per share for the quarter ended
in March. The lone analyst forecast for the quarter was
for earnings of 7 cents per share.
* Revenue rose 30.3% to $124.97 million from a year ago; 
analysts expected $103.50 million. 
* Pangaea Logistics Solutions Ltd's reported EPS for the quarter
was 13 cents​.
* The mean earnings estimate of analysts had risen by about 200%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Pangaea Logistics Solutions Ltd shares had risen by 21.8% this
quarter and gained 39.0% so far this year.
* The company reported quarterly net income of $5.85 million.
* Wall Street's median 12-month price target for Pangaea
Logistics Solutions Ltd is $4.85 
* 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." 
This summary was machine generated May 12 at 12:23 a.m. GMT.
​All figures in US dollars