Pangaea Logistics (PANL) heads into Q1 earnings with 35% revenue growth expected

Pangaea Logistics (PANL) is expected to report first-quarter results after the market close on May 18, 2026, with analysts forecasting revenue growth of 35% from a year earlier. The marine transportation company reported $183.9 million in revenue last quarter, up 24.9% year over year and ahead of consensus, but missed analyst estimates for adjusted operating income and EBITDA. Pangaea has missed Wall Street revenue estimates multiple times over the past two years. Peer results point to stronger sector demand. Genco reported Q1 revenue growth of 73%, beating estimates by 8.1%, while Scorpio Tankers posted a 48.4% revenue increase, topping forecasts by 6.3%. Marine transportation stocks have gained 5% on average over the past month. Pangaea shares are up 3% over the same period, trading at $7.51 versus an average analyst price target of $10.85.