Last week, you might have seen that Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) released its quarterly result to the market. The early response was not positive, with shares down 3.5% to US$6.41 in the past week. Revenue of US$153m surpassed estimates by 8.3%, although statutory earnings per share missed badly, coming in 60% below expectations at US$0.11 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for Pangaea Logistics Solutions

Taking into account the latest results, the consensus forecast from Pangaea Logistics Solutions' three analysts is for revenues of US$619.8m in 2025. This reflects a meaningful 19% improvement in revenue compared to the last 12 months. Per-share earnings are expected to shoot up 79% to US$0.82. Before this earnings report, the analysts had been forecasting revenues of US$602.4m and earnings per share (EPS) of US$0.95 in 2025. So it's pretty clear the analysts have mixed opinions on Pangaea Logistics Solutions after the latest results; even though they upped their revenue numbers, it came at the cost of a real cut to per-share earnings expectations.

The consensus price target was unchanged at US$10.08, suggesting the business is performing roughly in line with expectations, despite some adjustments to profit and revenue forecasts. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Pangaea Logistics Solutions at US$11.00 per share, while the most bearish prices it at US$9.00. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. It's clear from the latest estimates that Pangaea Logistics Solutions' rate of growth is expected to accelerate meaningfully, with the forecast 15% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 6.4% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to see a revenue decline of 0.08% annually. It seems obvious that as part of the brighter growth outlook, Pangaea Logistics Solutions is expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Fortunately, they also upgraded their revenue estimates, and our data indicates it is expected to perform better than the wider industry. The consensus price target held steady at US$10.08, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Pangaea Logistics Solutions going out to 2026, and you can see them free on our platform here.

Before you take the next step you should know about the 2 warning signs for Pangaea Logistics Solutions that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.