Proficient Auto Logistics Reports Third Quarter 2024 Financial Results
Financial Performance: Proficient Auto Logistics reported a total operating revenue of $91.5 million for Q3 2024, a 12.5% decrease from the previous year, with an operating loss of $2.2 million compared to an income of $8.2 million in Q3 2023, largely due to reduced auto shipments and market demand.
Integration Progress: The company is advancing its integration of five Founding Companies and has successfully acquired Auto Transport Group, aiming to unify all subsidiaries under a common transportation management system by the end of 2024.
Trade with 70% Backtested Accuracy
Analyst Views on PAL
About PAL
About the author

- Executive Participation: Proficient Auto Logistics' Chairman and CEO Rick O'Dell, along with other executives, will participate in the Stifel Financial Corp. Transportation & Logistics Conference on February 10-11, 2026, showcasing the company's leadership in the industry.
- Financial Results Release: The company will host an investor conference call at 4:30 p.m. EST on February 9, 2026, to discuss preliminary unaudited financial results for the year ended December 31, 2025, which is expected to provide crucial financial transparency to investors.
- Investor Engagement Opportunity: Investors can join the conference call by registering through a provided link, ensuring they receive the latest financial information and company strategies, thereby enhancing engagement with stakeholders.
- Industry Leadership: Proficient Auto Logistics operates one of the largest auto transportation fleets in North America through the combination of seven leading operating companies, further solidifying its market position in auto transportation and logistics services.
- Executive Participation: Proficient Auto Logistics' Chairman and CEO Rick O'Dell, along with other executives, will participate in the Stifel Financial Corp. Transportation & Logistics Conference on February 10-11, 2026, showcasing the company's leadership in the industry.
- Financial Results Release: The company will host an investor conference call at 4:30 p.m. EST on February 9, 2026, to discuss preliminary unaudited financial results for the year ended December 31, 2025, which is expected to provide critical insights into the company's performance.
- Investor Engagement Opportunity: Investors can join the call by registering through a provided link, ensuring they receive timely updates on the company's financial status and strategic direction, thereby enhancing investor relations.
- Industry Leadership Position: Proficient Auto Logistics operates one of the largest auto transportation fleets in North America by integrating seven leading operating companies, further solidifying its market share in the auto transportation and logistics services sector.
Price Target Increase: Stifel analyst J. Bruce Chan raised the price target for Proficient Auto Logistics (PAL) from $11 to $12 while maintaining a Buy rating on the shares.
Market Focus for 2026: The analyst anticipates that transport stocks will prioritize supply rationalization and cost-driven self-help strategies in 2026, favoring high-quality companies during market pullbacks.
Strong Q3 Performance: Proficient Auto Logistics reported strong revenue growth in Q3, affirming its Buy rating amid optimistic projections for valuation growth potential.
Market Analysis Tools: The article emphasizes the importance of accessing hedge-fund level data and investing tools to make informed decisions and stay ahead in the market.

Earnings Reports Overview: Several companies, including Alcon Inc., Oklo Inc., and Amdocs Limited, are set to report their earnings for the quarter ending September 30, 2025, with varying forecasts and performance expectations.
Alcon Inc. Performance: Alcon Inc. is expected to report earnings per share (EPS) of $0.77, a 4.94% decrease from the previous year, and has a Price to Earnings (P/E) ratio of 24.07, indicating potential growth compared to industry competitors.
Oklo Inc. and Other Companies: Oklo Inc. anticipates a significant EPS drop to -$0.13, while other companies like CAE Inc. and Similarweb Ltd. also project declines in EPS compared to the same quarter last year.
Mixed Results Across Sectors: Companies such as Proficient Auto Logistics and Evolution Petroleum Corporation are expected to show minimal changes or declines in EPS, reflecting a diverse range of financial health across different sectors.

Investor Conference Call Announcement: Proficient Auto Logistics, Inc. will host an investor conference call on November 11, 2025, at 5:00 p.m. EST to discuss its financial results for Q3 2025, with a press release to be issued at 4:00 p.m. EST that day.
Company Overview: Proficient Auto Logistics is a leading freight company specializing in auto transportation and logistics, operating one of the largest auto transportation fleets in North America, focusing on delivering finished vehicles to dealerships.

Real-time Intelligence: Benzinga Pro offers the fastest news alerts to help traders stay informed and make winning trades in the stock market.
Exclusive Community: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories and insights from Benzinga reporters.







