Landstar System Inc expected to post earnings of $3.01 a share - Earnings Preview

Landstar System

18/04/2022 22:09

* Landstar System Inc  LSTR.OQ   LSTR.O  is expected to show
a
rise in quarterly revenue when it reports  results on April 20. 
    * The Jacksonville Florida-based  company is expected to
report  a
40.7% increase in revenue to $1.811 billion from $1.29 billion a
year ago, according to the mean estimate from 12 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Landstar System Inc
is
for earnings of $3.01 per share. For the same quarter last year,
the company reported earnings of $2.01 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 14
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Landstar
System
Inc is $162​, above​ its last closing price of $144.71. ​​​
    * 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 2021  2.90        2.84       2.99      Beat    5.1
 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
 ​​Dec.        1.76        1.72       2.01      Beat    16.6
 31 2020                                                
 Sep. 30 2020  1.44        1.37       1.61      Beat    17.6​
 Jun. 30 2020  0.72        0.71       0.68      Missed  -4.5
 Mar. 31 2020  1.10        1.10       1.04      Missed  -5.3
 This summary was machine generated April 18 at 21:09 GMT.  All
figures in US dollars  unless otherwise stated