Truckload carrier P.A.M. Transportation Services reported adjusted earnings per share of $1.18, which excluded 9 cents per share of unrealized losses from equity investments on an after-tax basis.
The result was 3 cents better than the consensus estimate and 23 cents higher year over year (y/y).
Revenue in Pam’s (NASDAQ: PTSI) truckload segment was 31% higher y/y at $145 million excluding fuel surcharges. Pam’s average truck count was up 30% y/y at 2,483 units in part due to the acquisition of...
https://www.freightwaves.com/news/pam-transportation-beats-q3-expectation