P.A.M. Transportation Q2 EPS $0.42 Vs. $1.08 Prior Year, Sales $182.08M Miss $222.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
P.A.M. Transportation (NASDAQ:PTSI) reported Q2 earnings of $0.42 per share, down from $1.08 per share last year. The company's quarterly revenue before fuel surcharge was $182.08 million, missing the analyst consensus estimate of $222.60 million by 18.20 percent. This represents a 10.19 percent decrease over sales of $202.74 million the same period last year.
July 19, 2023 | 9:33 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
P.A.M. Transportation's Q2 earnings and revenue missed estimates, which could negatively impact the stock in the short term.
P.A.M. Transportation reported lower than expected earnings and revenue for Q2. This underperformance could lead to a decrease in the company's stock price in the short term as it indicates potential operational and financial challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100