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Investing.com - Pangaea Logistic reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Pangaea Logistic announced earnings per share of $0.520 on revenue of $184.5M. Analysts polled by Investing.com EPS of $0.470 on revenue of $159.02M.
Pangaea Logistic 's are up 4.35% and is trading at $5.160 , still down 26.81% from its 52 week high of $7.05 set on Friday, June 3, 2022.
Pangaea Logistic follows other major Industrials sector earnings this month
Pangaea Logistic's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.59B, EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $2.25 on revenue of $8.95B, for EPS of $2.16 on revenue of $8.99B.
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