P.A.M. Transportation Services, Inc. Announces Results for the Third Quarter Ended September 30, 2024
P.A.M. Transportation Services, Inc. (PTSI)
US:NASDAQ Investor Relations:
annualreports.com/company/pam-transportation-services-inc
Company Research
Source: Business Wire
Third Quarter 2024 Summary ResultsTotal revenues of $182.6 million, down 9.4% YoYOperating income of $2.3 millionOperating ratio of 98.7%Diluted earnings per share of $0.11 TONTITOWN, Ark.--(BUSINESS WIRE)--P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) (“we” or the “Company”) today reported consolidated net income of $2.4 million, or diluted and basic earnings per share of $0.11, for the quarter ended September 30, 2024. These results compare to consolidated net income of $6.1 million, or diluted and basic earnings per share of $0.28 for the quarter ended September 30, 2023.Operating revenues decreased 9.4% to $182.6 million for the third quarter of 2024 compared to $201.5 million for the third quarter of 2023.Joe Vitiritto, President of the Company, commented, “Our consolidated operating results for the third quarter of 2024 improved sequentially. The quarter started off slow because of extended, but planned, down time from some of our biggest customers and ended slower than
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News
- P.A.M. Transportation Services, Inc. Converts to PAMT CORP, a Nevada Corporation [Yahoo! Finance]Yahoo! Finance
- P.A.M. Transportation Services, Inc. Converts to PAMT CORP, a Nevada CorporationBusiness Wire
- P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) had its price target lowered by analysts at Stephens from $22.00 to $19.00. They now have an "equal weight" rating on the stock.MarketBeat
- P.A.M. Transportation Services, Inc. (NASDAQ: PTSI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- P.A.M. Transportation Services GAAP EPS of $0.11 beats by $0.01, revenue of $182.57M [Seeking Alpha]Seeking Alpha
PTSI
Analyst Actions
- 10/29/24 - Stephens & Co.
PTSI
Sec Filings
- 11/13/24 - Form 8-K/A
- 11/12/24 - Form 8-K
- 11/6/24 - Form 10-Q
- PTSI's page on the SEC website