Pangaea Logistics Solutions (PANL)
NASDAQ:PANL
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
-0.03Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a generally constructive operational and strategic picture: strong TCE premiums, meaningful adjusted EBITDA growth and margin expansion, healthy bookings into 2026, solid cash balances and clear progress expanding the integrated logistics platform and fleet renewal. Offsetting these positives are material near‑term cost pressures—higher charter‑in rates, a sharp rise in vessel operating expenses following the SSI acquisition, increased interest expense and integration/start‑up costs—and ongoing exposure to fuel price volatility and geopolitical uncertainty. On balance, the business showed momentum and financial flexibility, while management emphasized disciplined capital allocation and targeted EBITDA contributions from terminals in 2026.Company Guidance
TCE Premiums Above Market
Fourth quarter TCE rates of $17,773 per day, representing a 19% premium to average published market rates for Panamax, Supramax and Handysize vessels, driven by niche ice‑class capabilities and long‑term COAs.
Adjusted EBITDA Growth and Margin Expansion
Adjusted EBITDA grew ~22% year‑over‑year to approximately $28.7–$29.0 million in the quarter, with adjusted EBITDA margin expanding to 17% from 13% in the prior year.
Scale and Utilization Expansion
Total shipping days increased ~25–26% year‑over‑year (integration of Handysize vessels from SSI), driving operating leverage. Bookings into 2026 include 5,920 shipping days at a TCE of $14,917/day (company‑to‑date) and 2,543 days at $14,390/day booked for Q1 2026.
Strong Cash Generation and Capital Returns
Approximately $50 million in cash from operations (quarter), ~$103 million in unrestricted cash at year‑end, share repurchases of ~600,000 shares for ~$3 million during 2025, and dividends of ~$16.3 million paid in 2025 plus a declared $0.05 per share dividend payable March 13, 2026.
Progress on Integrated Logistics Platform
Commenced operations in Lake Charles, Louisiana; Port of Tampa expansion on track for early H2 2026; terminal and stevedoring rollout (Aransas, Lake Charles, Tampa, Pascagoula) expected to contribute incremental EBITDA of roughly $3 million for full‑year 2026.
Fleet Renewal and Strategic Asset Sales
Executed fleet renewal actions by selling older vessels (Bulk Freedom sold for $9.6 million and Bulk Xaymaca agreement for $9.6 million). Company remains focused on modernizing fleet to meet customer needs and regulatory requirements and highlighted its leading high ice‑class fleet in the Arctic niche.
PANL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PANL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 10, 2026 | $8.35 | $7.21 | -13.59% |
Nov 06, 2025 | $4.87 | $5.75 | +18.06% |
Aug 07, 2025 | $4.72 | $4.80 | +1.67% |
May 12, 2025 | $4.28 | $4.18 | -2.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Pangaea Logistics Solutions (PANL) report earnings?
Pangaea Logistics Solutions (PANL) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Pangaea Logistics Solutions (PANL) earnings time?
Pangaea Logistics Solutions (PANL) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PANL EPS forecast?
PANL EPS forecast for the fiscal quarter 2026 (Q1) is 0.11.