Pangaea Logistics (PANL) Beats Q3 Earnings and Revenue Estimates

Pangaea Logistics (PANL) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +466.67%. A quarter ago, it was expected that this maritime logistics company would post a loss of $0.04 per share when it actually produced a loss of $0.02, delivering a surprise of +50%.Over the last four quart ...