P.A.M. Transportation reports Q2 beat

A PAM tractor-trailer on highway

P.A.M. Transportation Services reported second-quarter earnings per share of $1.30 after the market closed on Thursday. The result was 15 cents better than the consensus estimate and more than double the prior-year period.

The Arkansas-based truckload carrier’s quarterly result excluded nearly $7 million in legal reserves and unrealized losses from equity investments.

The result included a two-week contribution from its first acquisition in nearly two decades. Pam acquired New York-based...

https://www.freightwaves.com/news/pam-transportation-reports-q2-beat

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