Landstar System Inc expected to post earnings of $2.07 a share - Earnings Preview

Landstar System

25/04/2023 03:02

* Landstar System Inc  LSTR.OQ   LSTR.O  is expected to show
a
fall in quarterly revenue when it reports  results on April 26. 
    * The Jacksonville Florida-based  company is expected to
report  a
28.0% decrease in revenue to $1.42 billion from $1.97 billion a
year ago, according to the mean estimate from 10 analysts, based
on Refinitiv data. The company's guidance on February 1 2023,
for the period ended March 31, was for revenue between $1.40
billion and $1.45 billion.
    * ​Refinitiv's mean analyst estimate for Landstar System Inc
is
for earnings of $2.07 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 14
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Landstar
System
Inc is $180​, below​ its last closing price of $182.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  2.62        2.62       2.60      Missed  -0.8
 Sep. 30 2022  2.76        2.76       2.76      Met     -0.1
 Jun. 30 2022  3.26        3.23       3.05      Missed  -5.5​
 Mar. 31 2022  3.20        3.05       3.34      Beat    9.4
 ​​Dec.        2.90        2.84       2.99      Beat    5.1
 31 2021                                                
 Sep. 30 2021  2.55        2.49       2.58      Beat    3.6​
 Jun. 30 2021  2.36        2.32       2.40      Beat    3.5
 Mar. 31 2021  1.65        1.63       2.01      Beat    23.6
 This summary was machine generated April 25 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated