Patriot Transportation Holding, Inc. ($PATI) 4Q20 Earnings Sneak Peek

100

Patriot Transportation Holding, Inc. (NASDAQ:PATI) is reporting fourth quarter financial results on Wednesday 2nd December 2020, Intraday.

Previous Quarter Performance

Patriot Transportation Holding, Inc. reported income for the third quarter of $ 0.17 per share, from the revenue of $ 19.01 million. Wall street analysts are predicting revenue of $ 30.00 million The top line results fell short of analysts by $ 10.99 million or 36.63 percent.

Stock Performance

Shares of Patriot Transportation Holding, Inc. traded low $ -0.07 or -0.70 percent on Tuesday, reaching $ 9.99 with volume of 12.20 thousand shares. Patriot Transportation Holding, Inc. has traded high as $ 10.25 and has cracked $ 9.85 on the downward trend

According to the previous trading day, closing price of $ 9.99, representing a 24.81 % increase from the 52 week low of $ 8.06 and a 52.68 % decrease over the 52 week high of $ 21.26.

The company has a market capital of $ 33.74 million and is part of the Industrials sector and Trucking industry.

Conference Call

Patriot Transportation Holding, Inc. will be hosting a conference call at 3:00 PM eastern time on 2nd December 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 1-877-407-0778 Toll Free, (United States) or 1-201-689-8565 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.patriottrans.com

Patriot Transportation Holding, Inc., through its subsidiary, Florida Rock & Tank Lines, Inc., engages in the transportation business. The company is involved in hauling petroleum related products, including gas and diesel fuel; and dry bulk commodities, such as cement, lime, and various industrial powder products, and liquid chemicals. It serves convenience stores and hypermarket accounts, fuel wholesalers, and oil companies, as well as industrial companies comprising cement and concrete accounts, and product distribution companies.