Pangaea Logistics Solns: Q1 Earnings Insights

Pangaea Logistics Solns PANL reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Pangaea Logistics Solns beat estimated earnings by 83.33%, reporting an EPS of $0.11 versus an estimate of $0.06.

Revenue was down $78.06 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 5.12% drop in the share price the next day.

To track all earnings releases for Pangaea Logistics Solns visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.