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Stock impact report

What's in Store for Pangaea Logistics (PANL) in Q4 Earnings? [Yahoo! Finance]

Pangaea Logistics Solutions Ltd. (PANL) 
Last pangaea logistics solutions ltd. earnings: 3/23 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pangaeals.com/investors
Company Research Source: Yahoo! Finance
The Zacks Consensus Estimate for fourth-quarter 2023 is currently pegged at an earnings of 44 cents per share, up 2.3% over the past 60 days. Pangaea Logistics has surpassed the Zacks Consensus Estimate for earnings in two of the last four quarters and lagged twice, the average miss being 63.1%. Pangaea Logistics Solutions Ltd. Price and EPS Surprise Pangaea Logistics Solutions Ltd. price-eps-surprise | Pangaea Logistics Solutions Ltd. Quote Against this backdrop, let's delve into the factors likely to have impacted the company's December-quarter performance. PANL's performance is expected to have been affected by supply-chain disruptions. High operating expenses due to the increased average number of vessels in its fleet are likely to have hurt the bottom line. Steep fuel costs are likely to have raised total expenses. The recent attacks by Yemen's Houthi militants on vessels in Red Sea have disrupted maritime trade. As a result, many shipping companies, including PANL, ha Show less Read more
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