Landstar System Inc expected to post earnings of $2.76 a share - Earnings Preview

Landstar System

17/10/2022 21:18

* Landstar System Inc  LSTR.OQ   LSTR.O  is expected to show
a
rise in quarterly revenue when it reports  results on October
19. 
    * The Jacksonville Florida-based  company is expected to
report  a
3.7% increase in revenue to $1.798 billion from $1.73 billion a
year ago, according to the mean estimate from 11 analysts, based
on Refinitiv data. The company's guidance on July 20 2022, for
the period ended September 30, was for revenue between USD1.8
billion and USD1.85 billion.
    * ​Refinitiv's mean analyst estimate for Landstar System Inc
is
for earnings of $2.76 per share. The company's EPS guidance on
July 20 2022, for the period ended September 30, was between
USD2.75 and USD2.85 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 13
"hold" and 2 "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 $148​, above​ its last closing price of $144.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  2.90        2.84       2.99      Beat    5.1​
 Sep. 30 2021  2.55        2.49       2.58      Beat    3.6
 ​​Jun.        2.36        2.32       2.40      Beat    3.5
 30 2021                                                
 Mar. 31 2021  1.65        1.63       2.01      Beat    23.6​
 Dec. 31 2020  1.76        1.72       2.01      Beat    16.6
 Sep. 30 2020  1.44        1.37       1.61      Beat    17.6
 This summary was machine generated October 17 at 20:17 GMT.  All
figures in US dollars  unless otherwise stated