Proficient Auto Logistics slightly misses Q1 revenue estimates on weak automotive market

Proficient Auto Logistics

07/05/2026 21:41

Overview

US auto logistics firm's Q1 operating revenue fell 1.6% yr/yr, slightly missing analyst expectations

Adjusted EBITDA and adjusted operating income for Q1 missed analyst estimates

Company repurchased 82,877 shares under previously announced $15 mln buyback program

Outlook

Company expects improved performance as Q2 progresses, citing more stable volumes and better fuel cost recovery

Company sees recent trends indicating more stable volumes and improved fuel cost recovery in Q2

Result Drivers

WEAK AUTOMOTIVE MARKET - Co said underlying volumes were down 4% excluding the Brothers acquisition, reflecting a weaker automotive market

WEATHER AND PLANT SHUTDOWNS - Co cited extended automotive plant shutdowns, weak industry SAAR, and severe winter weather as constraining core volumes and revenue

HIGHER FUEL COSTS - Co said meaningfully higher diesel fuel prices and timing lag to fuel-surcharge recoveries created unplanned cost and margin headwind in March

Company press release: ID:nGNX3VmL66

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Operating Revenue
Slight Miss*
$93.69 mln
$94.15 mln (4 Analysts)
Q1 Adjusted EBITDA
Miss
$4.47 mln
$8.25 mln (4 Analysts)
Q1 Adjusted Operating Income
Miss
-$3.17 mln
$963,750 (4 Analysts)
Q1 Adjusted EBITDA Margin
4.80%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the passenger transportation, ground & sea peer group is "buy"

Wall Street's median 12-month price target for Proficient Auto Logistics Inc is $12.00, about 63.9% above its May 6 closing price of $7.32

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 22 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)