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

Landstar System

20/04/2022 22:49

* Landstar System Inc  LSTR.OQ  reported quarterly adjusted
earnings of $3.34​​ per share for the quarter ended in March.
The mean expectation of fifteen analysts for the quarter was
for earnings of $3.05 per share.
    * Revenue rose 53.1% to $1.97 billion from a year ago; 
analysts
expected $1.83 billion. 
    * Landstar System Inc's reported EPS for the quarter was
$3.34​.
    * The mean earnings estimate of analysts had risen by
about 27.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Landstar System Inc shares had fallen by 2.0% this
quarter and
lost 16.5% so far this year.
    * The company reported quarterly net income of $124.84
million.
    * Wall Street's median 12-month price target for Landstar
System
Inc is $162.00 
    * 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." 

This summary was machine generated April 20 at 09:49 p.m.  ​All
figures in US dollars unless otherwise stated