Pangaea Logistics (NASDAQ: PANL) will be reporting earnings this Thursday after market hours. Here’s what to expect.
Pangaea beat analysts’ revenue expectations by 21.2% last quarter, reporting revenues of $156.7 million, up 19.2% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ revenue estimates and EPS in line with analysts’ estimates.
Is Pangaea a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Pangaea’s revenue to grow 4.1% year on year to $159.3 million, slowing from the 12.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.03 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Pangaea has only missed Wall Street’s revenue estimates once since going public and has exceeded top-line expectations by 8.4% on average.
Looking at Pangaea’s peers in the marine transportation segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Matson’s revenues decreased 8.5% year on year, beating analysts’ expectations by 5.1%, and Scorpio Tankers reported a revenue decline of 9.8%, in line with consensus estimates. Scorpio Tankers’s stock price was unchanged following the results.
Read our full analysis of Matson’s results here and Scorpio Tankers’s results here.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the marine transportation stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.5% on average over the last month. Pangaea is down 6.9% during the same time and is heading into earnings with an average analyst price target of $8 (compared to the current share price of $4.72).
P.S. In tech investing, "Gorillas" are the rare companies that dominate their markets—like Microsoft and Apple did decades ago. Today, the next Gorilla is emerging in AI-powered enterprise software. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
