earnings
confidence high
sentiment positive
materiality 0.75
PAM Transportation Q3 revenue up 38% to $252.6M; EPS $1.09, adjusted $1.18
PAMT CORP
2022-Q3 EPS reported
$3.24
revenue$709,246,000
- Revenue $252.6M (+38% YoY), net income $24.6M (+15% YoY), diluted EPS $1.09 (+17.2% YoY).
- Non-GAAP adjusted net income $26.4M (+21.5% YoY), adjusted diluted EPS $1.18 (+24.2% YoY).
- Operating ratio 85.9% (+270 bps); non-GAAP adjusted operating ratio 83.6% (+210 bps).
- Repurchased 93,124 shares for $2.9M in Q3; 365,266 shares remain under repurchase program.
- Truck fleet age 2.1 years, trailer 6.4 years; trailing equipment deliveries delayed into Q1 2023.