Patriot Transportation (PATI) Releases Earnings Results
Patriot Transportation (NASDAQ:PATI) announced its earnings results on Wednesday. The transportation company reported $0.07 earnings per share (EPS) for the quarter, MarketWatch Earnings reports. Patriot Transportation had a net margin of 4.14% and a return on equity of 8.31%.
Shares of PATI opened at $19.98 on Thursday. The company has a market cap of $67.98 million, a PE ratio of 16.34 and a beta of -0.05. Patriot Transportation has a 12-month low of $16.72 and a 12-month high of $23.80.
Separately, TheStreet upgraded shares of Patriot Transportation from a “c+” rating to a “b” rating in a research report on Wednesday, August 1st.
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.
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