Landstar System Inc expected to post earnings of $3.23 a share - Earnings Preview

Landstar System

18/07/2022 21:56

* Landstar System Inc  LSTR.OQ   LSTR.O  is expected to show
a
rise in quarterly revenue when it reports  results on July 20. 
    * The Jacksonville Florida-based  company is expected to
report  a
27.1% increase in revenue to $1.997 billion from $1.57 billion a
year ago, according to the mean estimate from 10 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Landstar System Inc
is
for earnings of $3.23 per share. For the same quarter last year,
the company reported earnings of $2.40 per share.
    * 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 $160​, above​ its last closing price of $144.44. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  3.20        3.05       3.34      Beat    9.4
 Dec. 31 2022  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.        1.65        1.63       2.01      Beat    23.6
 31 2021                                                
 Dec. 31 2020  1.76        1.72       2.01      Beat    16.6​
 Sep. 30 2020  1.44        1.37       1.61      Beat    17.6
 Jun. 30 2020  0.72        0.71       0.68      Missed  -4.5
 This summary was machine generated July 18 at 20:56 GMT.  All
figures in US dollars  unless otherwise stated