Transport firm PAMT CORP Q1 revenue falls
PAMT Corp PAMT | 0.00 |
Overview
U.S. truckload carrier's Q1 revenue fell 8.7% yr/yr
Company posted net loss of $8000
Outlook
Company intends to more actively implement share repurchases in Q2 2026 under existing authorization
Result Drivers
LOWER LOADS AND MILES - Co reported declines in total loads, total miles, and average trucks, contributing to lower revenue
PROPERTY SALE GAIN - Q1 results included a one-time $12.7 mln gain on sale of real property, reducing operating expenses
Company press release: ID:nBw9NwH3fa
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Operating Revenue |
|
$141.88 mln |
|
Q1 EPS |
|
$0 |
|
Q1 Net Income |
|
-$8,000 |
|
Q1 Operating Income |
|
-$271,000 |
|
Q1 Pretax Profit |
|
-$10,000 |
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