Pangaea Logistics Solutions Ltd. - Common Stock (PANL)
5.2500
-0.1100 (-2.05%)
Pangaea Logistics Solutions is a global provider of transportation services, primarily focusing on the logistics and delivery of temperature-sensitive and bulk cargoes
The company operates a diverse fleet of vessels and engages in shipping, logistics, and marine transportation solutions, facilitating the movement of goods for various industries, including food and agriculture. With a commitment to efficiency and sustainability, Pangaea leverages its expertise in maritime operations to optimize supply chains, ensuring timely and reliable delivery while navigating complex global trade routes.
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Pangaea Logistics (NASDAQPANL) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 12.9% year on year to $153.1 million. Its non-GAAP profit of $0.24 per share was 12.2% below analysts’ consensus estimates.
PANL stock results show that Pangaea Logistics Solns missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.
PANL stock results show that Pangaea Logistics Solns beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.
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