Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended March 31, 2020
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Pangaea Logistics Solutions (PANL) Misses Q1 EPS by 12c, Slight Beat on Revenues
May 13, 2020 4:08 PM EDTPangaea Logistics Solutions (NASDAQ: PANL) reported Q1 EPS of ($0.09), $0.12 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $86.52 million versus the consensus estimate of $86.13 million.
1st Quarter Highlights
Net loss attributable to Pangaea Logistics Solutions Ltd. was $6.8 million for three months ended March 31, 2020 as compared to $3.7 million of net income for the same period of 2019.Non-GAAP adjusted net loss attributable to Pangaea Logistics Solutions Ltd. of $4.0 million as compared to $1.4 million net income for the three months ended March 31, 2019.Net loss per share was... More