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Proficient Auto Logistics (PAL) News Today

$16.98
+0.43 (+2.60%)
(As of 07/3/2024 ET)
Proficient Auto Logistics logo with Transportation background
Proficient Auto Logistics (NASDAQ:PAL) Posts Earnings Results, Misses Estimates By $0.30 EPS
Proficient Auto Logistics (NASDAQ:PAL - Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.30). The business had revenue of $95.60 million for the quarter, compared to the consensus estimate of $88.91 million. The company's quarterly revenue was down 6.5% on a year-over-year basis.
Proficient Auto Logistics, Inc.'s Quiet Period Will End on June 18th (NASDAQ:PAL)
Proficient Auto Logistics' (NASDAQ:PAL - Get Free Report) quiet period will end on Tuesday, June 18th. Proficient Auto Logistics had issued 14,333,333 shares in its initial public offering on May 9th. The total size of the offering was $214,999,995 based on an initial share price of $15.00. During the company's quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Research Analysts Issue Forecasts for Proficient Auto Logistics, Inc.'s Q2 2024 Earnings (NASDAQ:PAL)
Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) - William Blair issued their Q2 2024 earnings estimates for Proficient Auto Logistics in a report issued on Monday, June 3rd. William Blair analyst R. Merkel forecasts that the company will post earnings of $0.24 per share for the quarter
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PAL Media Mentions By Week

PAL Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

PAL
News Sentiment

-0.61

0.70

Average
Transportation
News Sentiment

PAL News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

PAL Articles
This Week

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PAL Articles
Average Week

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This page (NASDAQ:PAL) was last updated on 7/4/2024 by MarketBeat.com Staff

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