PATI Stock

The company is hiking driver pay and investing $12 million in the renewal of its fleet in FY23. It seems that this strategy is working well as revenues rose by 3.2% year on year in Q3 FY23 while operating income soared by 64.2% to $1.5 million. In my view, Patriot Transportation has a lot of momentum and EPS for Q4 FY23 could surpass $0.20.

Patriot Transportation Holding, Inc. (NASDAQ:PATI ) Q3 2023 Earnings Conference Call August 3, 2023 3:00 PM ET Company Participants Rob Sandlin – President and Chief Executive Officer Matt McNulty – Chief Financial Officer Conference Call Participants Steve Rudd – Blackwell Christian Olesen – Olesen Value Fund Jason Ursaner – Bumbershoot Holdings Bruce Olephant – Oppenheimer Operator Good day, everyone, and welcome to the Patriot Transportation Holdings, Inc. Earnings Call for the Third Quarter. At this time, all participants have been placed on a listen-only mode and we will open the floor for your questions and comments after the presentation.

Patriot Transportation Holding, Inc. (NASDAQ:PATI ) Q2 2023 Results Conference Call May 9, 2023 3:00 PM ET Company Participants Rob Sandlin - President, Chief Executive Officer Matt McNulty - Chief Financial Officer, Chief Operating Officer John Klopfenstein - Chief Accounting Officer Conference Call Participants Christian Olesen - Olesen Value Fund John Koller - Oppenheimer + Close John Deysher - Pinnacle Operator Good day, everyone, and welcome to the Patriot Transportation Holdings, Inc. earnings call for the second quarter. At this time all participants are placed on a listen-only mode and the floor will be open for questions and comments after the presentation.