Proficient Auto Logistics Inc reports results for the quarter ended June 30 - Earnings Summary

• Proficient Auto Logistics Inc PAL.OQ reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of four analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 6 cents to 13 cents per share.

• Revenue rose 8.4% to $115.55 million from a year ago; analysts expected $105.68 million.

• Proficient Auto Logistics Inc's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $1.56 million.

• Proficient Auto Logistics Inc shares had fallen by 16.7% this quarter and lost 25.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.7% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the passenger transportation, ground & sea peer group is "buy."

• Wall Street's median 12-month price target for Proficient Auto Logistics Inc is $12.00, about 49.6% above its last closing price of $6.05

This summary was machine generated from LSEG data August 11 at 10:18 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)