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

Landstar System

20/07/2022 22:53

* Landstar System Inc  LSTR.OQ  reported quarterly adjusted
earnings of $3.05​​ per share for the quarter ended in June. The
mean expectation of thirteen analysts for the quarter was
for earnings of $3.23 per share.
    * Revenue rose 25.7% to $1.98 billion from a year ago; 
analysts
expected $2.00 billion. 
    * Landstar System Inc's reported EPS for the quarter was
$3.05​.
    * The mean earnings estimate of analysts had risen by
about 16.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Landstar System Inc shares had risen by 5.8% this
quarter and
lost 13.1% so far this year.
    * The company reported quarterly net income of $112.56
million.
    * Wall Street's median 12-month price target for Landstar
System
Inc is $160.00 
    * 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." 

This summary was machine generated July 20 at 09:52 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      3.23           3.05           Missed
 Mar. 31 2022      3.05           3.34           Beat
 Dec. 31 2021      2.84           2.99           Beat
 Sep. 30 2021      2.49           2.58           Beat
 This summary was machine generated from Refinitiv data July 20
at 09:52 p.m