PAL

JACKSONVILLE, Fla., June 01, 2026 (GLOBE NEWSWIRE) -- Proficient Auto Logistics, Inc. (Nasdaq: PAL) (the “Company”) today announced that Rick O’Dell, Chairman and Chief Executive Officer, and Brad Wright, Chief Financial Officer will attend the William Blair Growth Stock Conference on June 2, 2026. During this conference, Messrs. O’Dell and Wright expect to participate in a series of meetings with members of the investment community. The materials used during the meetings will be posted to the Company’s website that day at proficientautologistics.com under “Investor Relations”. The Company also announced that it will host an investor conference call at 5:00 p.m. EDT on Monday, August 10, 2026, to discuss its operating and financial results for the three months ended June 30, 2026. A press release disclosing those results will be issued at approximately 4:00 p.m. EDT on that day. Investors are invited to join the conference call by registering through this link: https://register-conf.media-server.com/register/BIdc1702f4dd57497ebad367c5a6615afb. Once registered, investors will receive a dial-in and a unique pin to join the conference. Investors may also join the listen-only Webcast via https://edge.media-server.com/mmc/p/3mqhd9aj. About Proficient Auto Logistics We are a leading specialized freight company focused on providing auto transportation and logistics services. Through the combination of seven industry-leading operating companies, including two since our IPO in May 2024, we operate one of the largest auto transportation fleets in North America. We offer a broad range of auto transportation and logistics services, primarily focused on transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships around the country. Investor Relations: Brad WrightChief Financial Officer and SecretaryPhone: 904-506-4317email: [email protected] Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act, that are subject to risks and uncertainties. Forward-looking statements are often identified by the use of words such as, but not limited to, “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “e...

Proficient Auto Logistics’ (NASDAQ: PAL) earnings report and conference call with analysts sounded very similar to others that have been heard this quarter: tough quarter overall, January and February were terrible, March was better and it’s looking good into April and May. The difference is that Proficient’s stock price was pummeled as a result, while others, like RXO (NYSE: RXO), rebounded on the stronger outlook. Proficient’s stock dropped Friday after the earnings release and conference call late Thursday. On Friday, the price fell almost 19%, to $5.95, a decline of 1.39%. At about 2:20 pm EDT Monday, Proficient had rebounded 4.03% to $6.19. However, earlier in the day it had hit its 52-week low of $5.72. It has been a rough ride for Proficient shareholders who held the stock after the company went public. A long slide In August 2020, Proficient stock, according to Yahoo Finance, touched $20 during intraday trading. The gap between that price and Monday’s earlier 52-week low is a decline of more than 71%. On the earnings call, CEO Richard O’Dell’s first comments were about the bad news. “The first two months of the quarter were affected by extended automotive plant shutdowns, weaker-than-expected industry seasonally adjusted annual rate (SAAR for auto sales), severe winter weather and a slow recovery of the rail and sea transportation pipelines that feed our network,” O’Dell said. “These factors constrained volumes and resulted in revenue levels below the comparable periods of 2025 and below comparably higher fixed cost coverage levels with the Brothers acquisition reflected in our 2026 expense base.” Improvement in March But in line with what other transportation-related companies have noted this quarter, “revenue and volume trends improved in March,” O’Dell said. As a result, revenue was only 2% less than a year earlier, he added. “Looking to the second quarter, recent trends indicate more stable volume levels, supported by seasonal strengthening, improved weather, dealer inventory and strong tax refunds,” O’Dell said. O’Dell also said the annual SAAR for April was 16.1 million vehicles, compared to 16.3 million in March, both a healthy number. Some of the data comparisons year-over-year were positive, even as sequential numbers took a hit. Total deliveries, both by company drivers and subhaulers, were up 1.5% from a year ago, with company deliveries u...

Interested in Proficient Auto Logistics, Inc.? Here are five stocks we like better. Q1 headwinds: Severe winter weather, extended plant shutdowns, weak industry SAAR and a late‑March diesel spike (about a $1 million timing hit from fuel‑surcharge lag) pressured profitability; total revenue fell ~1.6% to $93.7 million, deliveries rose 1.5% to 501,850, and adjusted EBITDA declined to $4.5 million from $7.8 million a year earlier. Q2 outlook and finances: Management expects a meaningful sequential revenue increase to $105–$110 million (yet a 4%–9% year‑over‑year decline vs. a tough 2025 comp), with adjusted EBITDA margin and adjusted operating ratio roughly in line with last year’s 8%–10% range; capex is forecast under $10 million and leverage should fall as fuel surcharges and payment cycles normalize. Capacity tightening and rate dynamics: March/April volume improvement has made supply constraints more visible—driven by driver migration, regulatory changes and fuel‑cost strain—creating stronger spot opportunities (spot exposure was 5% of the portfolio in Q1) and supporting a potential improvement in lane economics and rates. Proficient Auto Logistics (NASDAQ:PAL) executives pointed to weather disruptions, extended automotive plant shutdowns, weak industry volumes, and a late-quarter spike in diesel costs as key factors pressuring first-quarter profitability, while also highlighting signs of improving market conditions and tightening capacity entering the second quarter. Chairman and CEO Rick O’Dell said the first two months of the quarter were impacted by “extended automotive plant shutdowns, weaker-than-expected industry SAAR, severe winter weather, and a slow recovery of the rail and sea transportation pipelines that feed our network,” which constrained volumes and reduced fixed-cost absorption versus the prior year. O’Dell added that conditions improved later in the quarter, with March revenue and volume trends strengthening and the full-quarter revenue gap finishing “less than 2% below Q1 2025.” → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% O’Dell also flagged a fuel-related margin hit late in the quarter, saying “meaningfully higher diesel fuel prices and the timing lag to associated higher fuel surcharge recoveries created a material unplanned cost and margin headwind in the month of March.” He said those factors “materially impacte...

JACKSONVILLE, Fla., May 07, 2026 (GLOBE NEWSWIRE) -- Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company” or “Proficient”) today reported its financial results for the three months ended March 31, 2026. First Quarter 2026 Summary Total Operating Revenue of $93.7 million, decreased (1.6%) from Q1 2025 Total Operating Loss of ($6.9) million, versus ($2.4) million in Q1 2025 Adjusted Operating Income(1) (Loss) of ($3.2) million, versus $1.2 million in Q1 2025 Adjusted Operating Ratio(1) of 103.4% compared to 98.7% in Q1 2025 Total Units delivered of 501,850, an increase of 1.5% from Q1 2025 Rick O’Dell, Proficient’s Chief Executive Officer, commented, “As previously communicated in early March, the year began with challenges from lower-than-expected volumes and weather disruptions, and more recent fuel cost headwinds further impacted the quarter. Encouragingly, underlying demand trends improved exiting the quarter, and with more consistent seasonal volumes and improved fuel cost recovery, we believe we are positioned for improved performance as the second quarter progresses.” The Company is providing the below summary unaudited financial information for the three months ended March 31, 2026 and 2025. Please refer to footnote 1 in the table for a description of periods included for more recently acquired entities. Summary Unaudited Financial Information (1) Revenue and Profitability (1) First quarter revenue decreased ($1.5) million, or (1.6%), compared to the same quarter of 2025, while total unit deliveries were up 1.5% versus the same period of 2025, as volume growth from Brothers was offset by lower revenue per unit driven by portfolio mix. Absent the impact of the Brothers acquisition, volume was down (4.0%) in the quarter versus last year, demonstrating a weaker underlying automotive market. Company unit deliveries increased 14.3% year-over-year for the quarter while Subhauler deliveries declined (4.8%) versus the same period, reflecting prioritization of Company-owned truck asset utilization for units delivered, particularly in a slower seasonal period. The first two months of the quarter were affected by extended automotive plant shutdowns, weak industry seasonally adjusted annual rate (SAAR), which was down year-over-year, severe winter weather, and a slower than anticipated recovery in rail and ocean transportation tenders. These factors constr...

This article first appeared on GuruFocus. Proficient Auto Logistics Inc (NASDAQ:PAL) is set to release its Q1 2026 earnings on May 7, 2026. The consensus estimate for Q1 2026 revenue is $0.10 billion, and the earnings are expected to come in at -$0.11 per share. The full year 2026's revenue is expected to be $0.44 billion and the earnings are expected to be -$0.06 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 1 Warning Sign with PAL. Is PAL fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for Proficient Auto Logistics Inc (NASDAQ:PAL) have declined from $0.47 billion to $0.44 billion for the full year 2026 and from $0.50 billion to $0.48 billion for 2027. Similarly, earnings estimates have decreased from $0.08 per share to -$0.06 per share for 2026 and from $0.55 per share to $0.24 per share for 2027. In the previous quarter ending December 31, 2025, Proficient Auto Logistics Inc's (NASDAQ:PAL) actual revenue was $0.11 billion, which missed analysts' revenue expectations of $0.11 billion by -0.80%. Proficient Auto Logistics Inc's (NASDAQ:PAL) actual earnings were -$0.92 per share, which missed analysts' earnings expectations of $0.01 per share by -9300%. After releasing the results, Proficient Auto Logistics Inc (NASDAQ:PAL) was down by -25.57% in one day. Based on the one-year price targets offered by 3 analysts, the average target price for Proficient Auto Logistics Inc (NASDAQ:PAL) is $11.67 with a high estimate of $13.00 and a low estimate of $10.00. The average target implies an upside of 70.57% from the current price of $6.84. Based on GuruFocus estimates, the estimated GF Value for Proficient Auto Logistics Inc (NASDAQ:PAL) in one year is $0.00, suggesting a downside of -100% from the current price of $6.84. Based on the consensus recommendation from 4 brokerage firms, Proficient Auto Logistics Inc's (NASDAQ:PAL) average brokerage recommendation is currently 1.8, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Proficient Auto Logistics, Inc. (PAL) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This company is expected to post quarterly earnings of $0.00 per share in its upcoming report, which represents a year-over-year change of -100%. Revenues are expected to be $93.65 million, down 1.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 11.11% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predicti...

JACKSONVILLE, Fla., April 10, 2026 (GLOBE NEWSWIRE) -- Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company”) announced that the Company will host an investor conference call at 5:00 p.m. EDT on Thursday, May 7, 2026, to discuss its operating and financial results for the three months ended March 31, 2026. A press release disclosing those results will be issued at approximately 4:00 p.m. EDT on that day. Those interested in participating via teleconference may dial (800) 715-9871 toll-free. Participants should dial in 10 minutes prior to the call and use 8765468 as the conference ID. You may also join the listen-only Webcast via https://edge.media-server.com/mmc/p/jcdm5ym8 About Proficient Auto Logistics We are a leading specialized freight company focused on providing auto transportation and logistics services. Through the combination of seven industry-leading operating companies, including two since our IPO in May 2024, we operate one of the largest auto transportation fleets in North America. We offer a broad range of auto transportation and logistics services, primarily focused on transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships around the country. Investor Relations: Brad Wright Chief Financial Officer and Secretary Phone: 904-506-4317 email: [email protected]

Announces Participation in the Raymond James 47th Annual Institutional Investors Conference JACKSONVILLE, Fla., March 02, 2026 (GLOBE NEWSWIRE) -- Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company”) today provided certain operational and financial metrics for the first two months of calendar year 2026 and announced that its Board of Directors has authorized the repurchase of up to $15 million of the company’s common stock, effective immediately. First Quarter Update Preliminary total revenue for the combined months of January and February was approximately $55 million, roughly 4% below the comparable period of 2025. As earlier indicated, January had extended plant shutdowns, weak seasonally adjusted annual rate (“SAAR”), and severe winter weather, which impacted both new vehicle shipments and dealership operations. While February auto sales showed some rebound, with a modestly stronger month-over-month SAAR forecasted (though down from February 2025 SAAR), transportation pipelines by rail and sea have been slower to recover, resulting in February monthly revenue being lower year-over-year and $6-8M short of our expectations. Absent impacts of weather in the Northeast in the last week of February, run rates for volume and revenue have now returned to expected levels. Our previously communicated expectations for revenue and profitability for the month of March remain intact; however, the weak January and February revenue, below fixed cost coverage levels, will result in full quarter revenue below our previously disclosed expectation and a resulting sequential increase in adjusted operating ratio. Although uncertainty remains in the automotive industry outlook for 2026, we expect our revenue and adjusted operating ratio as we look forward to be substantially in line with current analyst consensus. Amy Rice, Proficient’s President and Chief Operating Officer, shared, “Our automotive OEM customers and current channel checks on rail and sea volumes affirm seasonal strengthening into March and April, which will meaningfully improve our efficiency and performance. While we expect healthy dealer inventory levels, continued sales incentives, and a stronger tax refund season to support improved consumer demand over the coming months, this update for the first quarter reflects softer than expected February market conditions and timing impacts versus prior expe...

Revenue growth of 11% in 2025 was driven by the Brothers acquisition and new business wins, which successfully offset a weaker-than-expected core automotive market. Management attributed the fourth-quarter volume weakness to a lack of typical seasonal year-end demand and a lower Seasonally Adjusted Annual Rate (SAAR) of 15.3 million units. Profitability in the fourth quarter was constrained by reduced operating leverage and a significant $500,000 insurance claim under a new higher-retention program. The company recorded a $27.8 million non-cash goodwill impairment charge, reflecting downward shifts in market conditions since the initial public offering rather than operational failure. Strategic discipline is being prioritized over top-line growth, with management actively walking away from incumbent business where pricing falls below sustainable reinvestment levels. The shift from spot traffic to contract business has stabilized revenue per unit, though it resulted in a 6% year-over-year decline as high-margin spot opportunities evaporated. Management expects 2026 revenue growth to be driven by internal market share initiatives rather than general market recovery, as the SAAR forecast remains lower than 2025 levels. The company reiterated a target of 150 basis points of full-year adjusted operating ratio improvement, primarily through insurance consolidation and headcount restructuring. First-quarter 2026 results are expected to be seasonally lower than the fourth quarter of 2025 due to severe winter weather and extended OEM plant shutdowns. Capital allocation will prioritize debt reduction and strengthening the balance sheet, though management maintains a pipeline for one to two strategic acquisitions per year. Operating margins are expected to benefit from a strategic shift of revenue from third-party subhaulers to company-owned drivers, which offers a 300 to 400 basis point margin advantage. A $27.8 million non-cash goodwill impairment was recognized in Q4, though management emphasized it has no impact on liquidity or cash flow. New insurance and health care program consolidations effective early 2026 are expected to drive significant cost savings but introduce higher volatility due to increased self-insurance retention. Regulatory changes regarding non-domiciled CDL holders are expected to tighten industry capacity, potentially benefiting larger, complia...

Proficient Auto Logistics gave a brutal overview of conditions in the auto hauling market in its first quarter earnings call with analysts Monday, and Wall Street acted accordingly a day later. Proficient (NASDAQ: PAL) saw its stock close the day down $2.67 to $7.77, a drop of 25.57%, per Yahoo Finance. Volume was more than 400% of its normal level. Proficient stock had gotten an upward kick after third quarter earnings when those numbers, while not strong in terms of income, demonstrated the company was producing a solid amount of cash. Its stock rose to $8.55 from $6.58 on November 12, the day after the earnings came out in the third quarter. But with Tuesday’s downward slide, it has given back almost 40% of those gains. There were internal benchmarks at Proficient outlined by CEO Rick O’Dell on the earnings call. He spoke of a strong balance sheet–net debt to trailing 12-month EBITDA closed the year at 1.5X from 2.2X midway through the year–and it could claim growth on the back of the acquisition of Brothers Auto Transport. CFO Brad Wright said on the earnings call that the strong balance sheet means acquisitions can be considered. “(The balance sheet) does give us some flexibility and some dry powder to the extent that an M&A opportunity came along, for example, we’ve got a lot of flexibility to use cash or to take on additional leverage or however we might choose to approach that,” he said. But the message otherwise was grim. January historically bad O’Dell highlighted first quarter 2026 performance to back up his point. The seasonally adjusted annual rate (SAAR) for auto sales in January was less than forecast “and while still being finalized, may be the lowest monthly SAAR in several years as severe winter weather across multiple regions disrupted dealership operations and delayed consumer purchase decisions.” O’Dell did say he was optimistic for a post-winter market that would see “healthy dealer inventory levels, continued sales incentives and a stronger tax refund season.” “We continue to show discipline in our pursuit of new business and in the retention of incumbent business to ensure sustainable profitability and reinvestment,” he said. “Our financial performance in automotive trucking is not universally healthy in this market, we are well positioned to improve our performance in a down market, generate strong cash flow and respond quickly and e...

This article first appeared on GuruFocus. Total Operating Revenue (Full Year 2025): $430.4 million, an increase of 10.7% versus 2024. Operating Revenue (Q4 2025): $105.4 million, an increase of 11.5% over Q4 2024. Adjusted EBITDA (Full Year 2025): $40.2 million, essentially unchanged from 2024. Adjusted EBITDA (Q4 2025): $9.2 million, an increase of 32% over Q4 2024. Total Units Delivered (2025): Over 2.3 million autos, an increase of 16.2% from 2024. Revenue Per Unit (2025): Decreased by about 6% from 2024. Net Debt to Adjusted EBITDA (December 30, 2025): 1.5 times, improved from 2.2 times on June 30, 2025. Non-Cash Goodwill Impairment Charge (Q4 2025): $27.8 million. Total Equipment CapEx (2025): Approximately $10.2 million. Common Shares Outstanding (End of 2025): 27.8 million, unchanged from the previous quarter. Warning! GuruFocus has detected 5 Warning Sign with PAL. Is PAL fairly valued? Test your thesis with our free DCF calculator. Release Date: February 09, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Proficient Auto Logistics Inc (NASDAQ:PAL) achieved a revenue growth of over 11% year-over-year, reaching $430 million in 2025. The company delivered over 2.3 million vehicles in 2025, marking a 16.2% increase from 2024. Adjusted EBITDA for the fourth quarter of 2025 increased by 32% compared to the same quarter in 2024. PAL has improved its leverage position, reducing net debt to trailing 12-month adjusted EBITDA from 2.2 times to 1.5 times by the end of 2025. The company is well-positioned for future growth with a strong balance sheet and strategic objectives for margin expansion and market share gains. The automotive market was weaker than expected in 2025, particularly after March and April, impacting overall performance. PAL recorded a non-cash goodwill impairment charge of $27.8 million due to downward changes in market conditions. The fourth quarter results were negatively impacted by higher insurance claims expenses and a reduction in operating leverage. Revenue per unit decreased by about 6% in 2025, reflecting a shift away from spot traffic opportunities. The company faces a competitive pricing environment, forcing it to walk away from certain business opportunities to maintain profitability. Q: Are you expecting revenues to be down sequentially in Q1, and will the operating ratio...