Yahoo Finance P.A.M. Transportation Services First Quarter 2024 Earnings: EPS Misses Expectations
P.A.M. Transportation Services (NASDAQ:PTSI) First Quarter 2024 Results
Key Financial Results
Revenue: US$182.6m (down 18% from 1Q 2023).
Net income: US$281.0k (down 95% from 1Q 2023).
Profit margin: 0.2% (down from 2.4% in 1Q 2023).
EPS: US$0.013 (down from US$0.24 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
P.A.M. Transportation Services EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 86%.
Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Transportation industry in the US.
Performance of the American Transportation industry.
The company's shares are up 2.5% from a week ago.
Risk Analysis
You should learn about the 3 warning signs we've spotted with P.A.M. Transportation Services (including 1 which is a bit concerning).
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