LSTR Stock Recent News
LSTR LATEST HEADLINES
Landstar's (LSTR) first-quarter 2024 earnings and revenues decrease year over year.
Although the revenue and EPS for Landstar (LSTR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Landstar System (LSTR) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $2.17 per share a year ago.
Landstar System's (LSTR) Q1 bottom line is likely to have been hurt by the underperformance of its flagship segment, namely truck transportation.
Landstar (LSTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
JACKSONVILLE, Fla., April 10, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 first quarter results after the market closes on Wednesday, April 24, 2024. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, April 25, 2024 at 8:00 a.m. ET to discuss the first quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's First Quarter 2024 Earnings Release Conference Call."
While Landstar's (LSTR) shareholder-friendly measures look encouraging, weak freight conditions and driver shortage issues are concerning.
High operating expenses and weak freight market conditions represent major headwinds at Landstar System (LSTR).
Landstar's (LSTR) fourth-quarter 2023 earnings and revenues decrease year over year.
The headline numbers for Landstar (LSTR) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.