The earnings call presented a mix of positive and negative aspects. The company achieved higher TCE rates and increased shipping days, expanded infrastructure, and executed a share repurchase program. However, these achievements were offset by an adjusted net loss, decreased EBITDA margin, and increased operating and interest expenses.

Company Guidance

During the second quarter of 2025, Pangaea Logistics Solutions reported a challenging yet resilient performance, with a 17% premium in TCE rates compared to the broader market, largely due to their strategic chartered-in approach. The company faced an adjusted net loss of $1.4 million and achieved an adjusted EBITDA of $15.3 million, despite a 25% decline in average market rates from the previous year. Total shipping days increased by 51% year-over-year, supported by the addition of the SSI Handymax fleet and chartered-in ships. Vessel operating expenses rose by 59% due to fleet expansion, though per day expenses decreased to $5,876. Cash from operations grew to $14.4 million, with $59 million in cash reserves and $376 million in total debt. Looking forward, Pangaea has secured 3,671 shipping days for the third quarter at a TCE of $14,272 per day, aligned with their continued focus on fleet optimization and integrated logistics expansion, including new terminal operations in Texas, Louisiana, and Mississippi.

Premium TCE Performance

The company delivered TCE rates 17% above the broader market, attributed to their chartered-in strategy and flexible fleet deployment.

Increased Shipping Days

Total shipping days rose 51% year-over-year, driven by the addition of the SSI Handymax fleet of 15 ships and chartered-in ships.

Positive Cash Flow

Total cash from operations increased by approximately $5 million year-over-year to $14.4 million.

Strategic Infrastructure Expansion

Expansion of port and logistics infrastructure at the Port of Tampa and new terminal operations in Texas, Louisiana, and Mississippi.

Share Repurchase Program

Repurchased approximately 203,000 shares during the second quarter and an additional 135,000 shares since quarter-end.

Pangaea Logistics Solutions (PANL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PANL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.03 / -	0.24	―	―	―
Aug 07, 2025	2025 (Q2)	-0.02 / -0.02	0.1	-120.00% (-0.12)
May 12, 2025	2025 (Q1)	-0.12 / -0.03	0.14	-121.43% (-0.17)
Mar 13, 2025	2024 (Q4)	0.05 / 0.16	0.16	0.00% (0.00)
Nov 12, 2024	2024 (Q3)	0.27 / 0.24	0.32	-25.00% (-0.08)
Aug 08, 2024	2024 (Q2)	0.15 / 0.10	0.1	0.00% (0.00)
May 09, 2024	2024 (Q1)	0.12 / 0.14	0.11	27.27% (+0.03)
Mar 13, 2024	2023 (Q4)	0.34 / 0.16	0.32	-50.00% (-0.16)
Nov 08, 2023	2023 (Q3)	0.15 / 0.32	0.52	-38.46% (-0.20)
Aug 09, 2023	2023 (Q2)	0.12 / 0.10	0.64	-84.38% (-0.54)

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
Aug 07, 2025	$4.83	$4.91	+1.66%
May 12, 2025	$4.37	$4.27	-2.29%
Mar 13, 2025	$4.79	$5.37	+12.11%
Nov 12, 2024	$6.45	$6.00	-6.98%

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 Ltd. (PANL) report earnings?

Pangaea Logistics Solutions Ltd. (PANL) is schdueled to report earning on Nov 05, 2025, After Close (Confirmed).

What is Pangaea Logistics Solutions Ltd. (PANL) earnings time?

Pangaea Logistics Solutions Ltd. (PANL) earnings time is at Nov 05, 2025, 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 2025 (Q3) is 0.03.

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