earnings
confidence high
sentiment negative
materiality 0.65
PAM Transportation Q3 EPS $0.11 vs $0.28 YoY; revenue down 9.4% to $182.6M
PAMT CORP
2024-Q3 EPS
reported -$0.01
vs consensus $0.02
▼ miss
(-149.0%)
- Diluted EPS of $0.11, down from $0.28 in Q3 2023; net income $2.4M vs $6.1M.
- Revenue fell 9.4% to $182.6M from $201.5M due to customer downtime and Hurricane Helene impacts.
- Operating ratio worsened to 98.7% vs prior year; operating income $2.3M.
- Liquidity of $152.2M (cash, securities, credit line); debt $288.7M, up $27M from Dec 2023.
- Nine-month operating cash flow $43.8M; President cites signs of improving market.