Pangaea Logistics Solutions-Pangaea Logistics (PANL) Reports Q1 Loss, Misses Revenue Estimates

Pangaea Logistics (PANL) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of$ 0.15. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 80%. A quarter ago, it was expected that this maritime logistics company would post a loss of$ 0.06 per share when it actually produced earnings of $0.16, delivering a surprise of 366.67%.Over the last four quarters, ...