Proficient Auto Logistics Reports Q3 Earnings Miss on EPS and Revenue
Proficient Auto Logistics (PAL) reported third-quarter financial results that fell short of market expectations. The company posted a GAAP earnings per share (EPS) of -$0.35, missing consensus estimates by $0.17. Despite the miss, revenue grew significantly to $149 million, representing a 30.4% increase year-over-year. However, this top-line figure still missed analyst projections by $8.35 million. Following the announcement, the company's shares experienced a decline of approximately 7.84% in after-hours trading.
Tickers: $PAL