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

Pangaea Logistics Solutions

09/11/2021 22:44

* Pangaea Logistics Solutions Ltd  PANL.OQ  reported quarterly
adjusted earnings of 60 cents​​ per share for the quarter ended
in September. The mean expectation of three analysts for the
quarter was for earnings of 50 cents per share.
* Revenue rose 105.3% to $213.03 million from a year ago; 
analysts expected $160.44 million. 
* Pangaea Logistics Solutions Ltd's reported EPS for the quarter
was 60 cents​.
* The mean earnings estimate of analysts had risen by about 19%
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 fallen by 12.7%
this quarter and gained 59.2% so far this year.
* The company reported quarterly net income of $27 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 November 9 at 10:44 p.m.
 ​All figures in US dollars unless otherwise stated