earnings
confidence high
sentiment positive
materiality 0.80
PAM Transport Q3 net income $21.4M ($1.87 EPS), revenues up 50% YoY
PAMT CORP
2021-Q3 EPS reported
$4.24
revenue$493,206,000
- Q3 net income $21.4M, diluted EPS $1.87 vs $0.52 in Q3 2020; revenues $183.1M, up 50.1%.
- Nine-month net income $48.6M, diluted EPS $4.24 vs $0.34 in prior-year period.
- Completed 2-for-1 stock split and Dutch auction repurchase of 272,405 shares for $10.1M.
- Debt reduced $53.7M to $243.7M; operating cash flow $74.0M in first nine months.
- 2021 equipment orders only 80% fulfilled by year-end; remaining deliveries expected in early 2022.