Pangaea (NASDAQ:PANL) Reports Sales Below Analyst Estimates In Q1 Earnings
From Stock Story: 2025-05-12 17:19:00
Pangaea Logistics missed revenue expectations in Q1 CY2025, with sales up 17.2% to $122.8 million. Non-GAAP loss per share was $0.03, 74.3% above estimates. Operating margin was 2.4%, down from 10.5% last year. Established in 1996, Pangaea specializes in global logistics and transportation services, focusing on dry bulk cargoes. Long-term sales growth was tepid at 5.3% annually over the last five years. Despite a revenue miss this quarter, analysts expect a 10.5% growth in the next 12 months. Operating margin has stayed around 10.8% on average over the last five years. EPS declined year on year to negative $0.03 in Q1.
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