P.A.M. Transportation Q3 EPS $0.11 Beats $0.02 Estimate, Sales $182.58M Miss $184.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
P.A.M. Transportation reported Q3 earnings per share of $0.11, significantly beating the estimate of $0.02, but sales of $182.58M missed the $184.40M estimate. Earnings decreased by 60.71% and sales by 9.39% compared to the same period last year.
October 24, 2024 | 9:07 pm
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NEUTRAL IMPACT
P.A.M. Transportation's Q3 EPS of $0.11 beat expectations by 450%, but sales of $182.58M missed estimates. Both earnings and sales declined compared to last year.
The significant beat on EPS suggests strong cost management or operational efficiency, which is positive. However, the miss on sales and the year-over-year decline in both earnings and sales indicate challenges in revenue generation, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100