Proficient Auto Logistics Inc reports results for the quarter ended September 30 - Earnings Summary

Proficient Auto Logistics

08/11/2024 16:19

* Proficient Auto Logistics Inc  PAL.OQ  reported quarterly
adjusted earnings of 7 cents​​ per share for the quarter ended
September 30.  The mean expectation of four analysts for the
quarter was for earnings of 6 cents per share. Wall Street
expected results to range from 2 cents to 13 cents per share.
    * Revenue was $91.51 million​; analysts expected $90.66
million. 
    * Proficient Auto Logistics Inc's reported EPS for the
quarter was
a loss of 5 cents​.
    * The company reported a quarterly loss of $1.37 million.
    * Proficient Auto Logistics Inc shares had fallen by 35.0%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 76%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the passenger
transportation, ground & sea peer group is also "strong buy"

Wall Street's median 12-month price target for Proficient Auto
Logistics Inc is $17.00 
This summary was machine generated from LSEG data November 8 at
04:19 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
 Sep. 30 2024      0.06           0.07           Beat
 Jun. 30 2024      0.16           0.28           Beat