Pangaea Logistics Solns (NASDAQ:PANL) reported quarterly earnings of $0.26 per share which missed the analyst consensus estimate of $0.32 by 18.75 percent. This is a 1400 percent increase over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $187.119 million which missed the analyst consensus estimate of $192.795 million by 2.94 percent. This is a 19.42 percent increase over sales of $156.689 million the same period last year.