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Pangaea Logistics Solutions (PANL)
NASDAQ:PANL
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
<0.01Last Year’s EPS
0.1Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: 1.81%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
Pangaea Logistics Solutions demonstrated strong TCE performance and effective operational expansion with synergies from recent acquisitions. However, the quarter was marked by a net loss, decreased cash flow, and a reduction in dividend, reflecting challenges in the market environment. Despite these lowlights, the company is focused on strategic capital allocation and operational growth.Company Guidance
During the first quarter of 2025, Pangaea Logistics Solutions reported a TCE rate of $11,390 per day, demonstrating a 33% premium over the average market rates for various vessel types. Despite a 37% decline in average market pricing, the company efficiently managed market volatility, resulting in an adjusted net loss of approximately $2 million and an adjusted EBITDA of $14.8 million. The company's operational scale expanded with a 24.6% year-over-year increase in total shipping days, primarily due to the addition of the SSI handy fleet, while comparable shipping days rose by 41%. Pangaea completed 160 days of planned off-hire for vessel dry dockings, positioning them well for stronger demand periods. Looking ahead, Pangaea has booked 4,275 shipping days for the second quarter, with a TCE of $12,524 per day, and plans to unlock further efficiencies through the integration of the SSI fleet. The Board has authorized a $15 million share repurchase program alongside a $0.05 dividend as part of a disciplined capital allocation strategy.Strong TCE Rate Performance
Pangaea Logistics Solutions reported TCE rates 33% above the prevailing market, demonstrating the strength of their commercial strategy despite a 37% decline in average market pricing compared to the prior year period.
Operational Expansion and Synergies
Total shipping days rose 24.6% year-over-year, driven by the addition of SSI handy fleet vessels. The integration is proceeding as planned with expected cost savings of at least $2.5 million annually.
Fleet and Capital Strategy
The company announced a $15 million share repurchase program and the declaration of a $0.05 dividend, highlighting their focus on capital flexibility and shareholder returns.
Port and Logistics Business Development
Expansion at the Port of Tampa and new operations in Port Charles, Louisiana, and Port of Aransas in Texas are progressing, demonstrating a commitment to supply chain expansion.
PANL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PANL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $4.42 | $4.32 | -2.26% |
Mar 13, 2025 | $4.84 | $5.43 | +12.19% |
Nov 12, 2024 | $6.52 | $6.07 | -6.90% |
Aug 08, 2024 | $6.21 | $6.13 | -1.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Pangaea Logistics Solutions (PANL) report earnings?
Pangaea Logistics Solutions (PANL) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is Pangaea Logistics Solutions (PANL) earnings time?
Pangaea Logistics Solutions (PANL) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PANL EPS forecast?
PANL EPS forecast for the fiscal quarter 2025 (Q2) is <0.01.