LSTR Stock Recent News

JACKSONVILLE, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the third quarter results and current outlook. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Third Quarter 2024 Earnings Release Conference Call."

LSTR is bolstered by its shareholder-friendly efforts and strong liquidity. However, the freight market downturn is a headwind.

Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - Lodestar Metals (TSXV: LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company"), today announces the termination of its investor relations agreement with Grant Galloway. The decision to terminate the agreement, effective immediately, was made after careful consideration of the Company's strategic direction and ongoing challenges in meeting the terms of the agreement.

LSTR is affected by reduced demand for freight services and increased truck capacity.

Landstar (LSTR) reported earnings 30 days ago. What's next for the stock?

Landstar (LSTR) expects third-quarter 2024 truckloads to decline between 6% and 10% on a year-over-year basis.

Landstar's (LSTR) second-quarter 2024 earnings and revenues decrease year over year.

Landstar System, Inc. (LSTR) Q2 2024 Earnings Call Transcript

The headline numbers for Landstar (LSTR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Landstar System (LSTR) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.85 per share a year ago.