Landstar System Inc reports results for the quarter ended in December - Earnings Summary

Landstar System

01/02/2023 22:02

* Landstar System Inc  LSTR.OQ  reported quarterly adjusted
earnings of $2.60​​ per share for the quarter ended in December.
The mean expectation of sixteen analysts for the quarter was
for earnings of $2.62 per share.
    * Revenue fell 13.9% to $1.67 billion from a year ago;
analysts
expected $1.77 billion. 
    * Landstar System Inc's reported EPS for the quarter was
$2.60​.
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Landstar System Inc shares had risen by 7.4% this quarter.
    * The company reported quarterly net income of $93.3
million.
    * Wall Street's median 12-month price target for Landstar
System
Inc is $155.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 16
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
1 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      2.62           2.60           Missed
 Sep. 30 2022      2.76           2.76           Met
 Jun. 30 2022      3.23           3.05           Missed
 Mar. 31 2022      3.05           3.34           Beat