Pangaea Logistics Solutions Ltd. reports results for the quarter ended June 30 - Earnings Summary

Pangaea Logistics Solutions

10/08/2026 22:51

Pangaea Logistics Solutions Ltd. PANL.OQ reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -4 cents.  The mean expectation of three analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 21 cents to 49 cents per share.
Revenue rose 19.4% to $187.12 million from a year ago; analysts expected $192.80 million. 
Pangaea Logistics Solutions Ltd.'s reported EPS for the quarter was 16 cents​.
The company reported quarterly net income of $10.2 million.
Pangaea Logistics Solutions Ltd. shares had risen by 14.2% this quarter and gained 7.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 19.1% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the marine freight & logistics peer group is also "buy" 
Wall Street's median 12-month price target for Pangaea Logistics Solutions Ltd. is $10.80, about 31.3% above its last closing price of $7.42
This summary was machine generated from LSEG data August 10 at 09:51 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.32
0.16
Missed
Mar. 31 2026 
0.11
0.11
Met
Dec. 31 2025 
0.24
0.16
Missed
Sep. 30 2025 
0.07
0.18
Beat