Proficient Auto Logistics reported a better-than-expected Q3 earnings, but revenue fell and stock dropped.
Proficient Auto Logistics (PAL) reported a better-than-expected Q3 earnings of $0.07 per share, though revenue fell 12.5% to $91.5 million compared to last year. The stock dropped $0.39 to $9.61. Analysts at Raymond James, Barrington Research, and Stifel Nicolaus lowered price targets. PAL provides auto transportation services across North America with a fleet of about 1,130 vehicles.
5 months ago
3 Articles
Further Reading
Only 2 free stories left this month. Don’t miss out — Subscribe for unlimited access!