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

Landstar System

25/10/2023 23:44

* Landstar System Inc  LSTR.OQ  reported quarterly adjusted
earnings of $1.71​​ per share for the quarter ended in
September. The mean expectation of thirteen analysts for the
quarter was for earnings of $1.71 per share.
    * Revenue fell 29% to $1.29 billion from a year ago;
analysts
expected $1.31 billion. 
    * Landstar System Inc's reported EPS for the quarter was
$1.71​.
    * The mean earnings estimate of analysts had fallen by
about 13.3%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Landstar System Inc shares had fallen by 5.4% this
quarter and
gained 4.1% so far this year.
    * The company reported quarterly net income of $61.65
million.
    * Wall Street's median 12-month price target for Landstar
System
Inc is $182.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 14
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 10:44 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.71           1.71           Met
 Jun. 30 2023      1.83           1.85           Beat
 Mar. 31 2023      2.07           2.17           Beat
 Dec. 31 2022      2.62           2.60           Missed