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Pangaea Logistics Solns Q2 Adj. EPS $0.26 Misses $0.32 Estimate, Sales $187.119M Miss $192.795M Estimate

Aug 10, 2026, 8:55 PMBenzinga Newsdesk

Pangaea Logistics Solns (NASDAQ:PANL) reported quarterly earnings of $0.26 per share which missed the analyst consensus estimate of $0.32 by 18.75 percent. This is a 1400 percent increase over losses of $(0.02) per

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PANL
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Aug 10, 2026, 8:55 PM
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  1. Aug 18, 2026, 1:23 AMMotley Fool Transcribing

    Pangaea Logistics (PANL) Q2 2026 Earnings Call Transcript

    Pangaea Logistics reported strong Q2 2026 results with revenue of $187.1 million (19% growth) and adjusted EBITDA of $35 million (125% growth), driven by a 50% increase in time charter equivalent rates to $18,153 per day, which exceeded market benchmarks by 10%. The company expanded its terminal operations to Port Tampa Bay, increased its quarterly dividend to $0.10 per share, and sold older vessels as part of its fleet renewal strategy while maintaining a net debt to EBITDA ratio of 2.1x.

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