$12.380
+0.510 (+4.12%)收盤時
PAMT 資訊
PAMT 事件
Company Reports Q3 Revenue of $162.5M, Exceeding Expectations
Reports Q3 revenue $162.5M, consensus $108.3M. Lance Stewart, President of the Company, commented, "The ongoing exit of industry capacity, influenced in part by heightened enforcement and evolving legal and regulatory developments, continues to contribute to tightening market conditions. This shift has provided us with opportunities to improve our rate per mile by 11% sequentially and 6% compared to the third quarter of 2025. While this rate improvement represents a positive step toward aligning customer rates with the inflationary cost increases experienced over the past four years, cumulative cost increases continue to outpace the pricing improvements achieved to date. We remain optimistic that rates will continue to improve as the market adjusts to ongoing cost pressures and reduced industry capacity. Unfortunately, the improvements achieved in customer rates during the quarter were offset by higher net fuel costs, increased expenses associated with attracting and retaining qualified drivers, and reduced gains on the sale of used equipment. Higher net fuel costs were primarily attributable to the timing difference between significant weekly increases in national diesel fuel prices and the corresponding adjustments to customer fuel surcharges, which typically lag changes in fuel prices by one week or more. We anticipate continued pressure on driver recruitment and retention costs as heightened enforcement and regulatory requirements further constrain the pool of qualified drivers. Gains on the sale of used equipment will continue to fluctuate based on the timing, type, and market values of equipment sold."
PAMT Corp Trading Halted Due to Volatility
PAMT Corp trading halted, volatility trading pause
PAMT Corp Announces Q3 Earnings Per Share of 27 Cents Compared to 11 Cents Last Year
Reports Q3 revenue $150.3M vs. $182.6M last year.
PAMT Corp names Lance K. Stewart as CEO
PAMT announced the promotion of the Company's Chief Financial Officer, Lance K. Stewart, to serve as President and Chief Executive Officer and a director of the Company, effective August 4, 2025. The Company's Chairman, Matthew T. Moroun, who has been serving as interim Chief Executive Officer of the Company since June 27, 2025, will return to his role as Chairman of the Board. Daniel C. Kleine, the Company's recently promoted Senior Vice President of Finance and Treasurer, will serve as the Company's principal financial and accounting officer, effective August 4, 2025, until a permanent Chief Financial Officer is named. The Company is also currently conducting a national search for an additional executive to serve in an operational capacity.
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