P.A.M. Transportation Q4 2023 Adj EPS $(0.10) Misses $0.20 Estimate, Sales $180.20M Miss $196.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
P.A.M. Transportation (PTSI) reported Q4 2023 adjusted EPS of $(0.10), missing the $0.20 estimate, with sales of $180.20M also missing the $196.60M estimate. This represents an 11.43% decrease in sales compared to the same period last year.
February 01, 2024 | 4:22 pm
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P.A.M. Transportation reported a significant miss in both EPS and sales for Q4 2023, with adjusted EPS at $(0.10) versus an expected $0.20 and sales of $180.20M missing the $196.60M estimate.
The significant miss in both EPS and sales for P.A.M. Transportation in Q4 2023 is likely to negatively impact investor sentiment and the stock price in the short term. Missing analyst estimates on both fronts indicates operational challenges and could lead to downward revisions of future earnings estimates.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100