Landstar System: Q2 Earnings Insights

Comments
Loading...

Shares of Landstar System LSTR were flat in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 55.56% over the past year to $0.68, which missed the estimate of $0.70.

Revenue of $823,514,000 declined by 21.19% from the same period last year, which beat the estimate of $775,350,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

Company's 52-week high was at $123.53

52-week low: $85.30

Price action over last quarter: Up 18.87%

Company Overview

Landstar System is an asset-light third-party logistics provider focused on over-the-road truck transportation (93% of revenue). It also offers intermodal (3%) and global air and ocean forwarding (3%). The remainder of its revenue stems from warehousing services and premiums from insurance programs offered to captive owner-operators.

LSTR Logo
LSTRLandstar System Inc
$136.64-1.44%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum24.21
Growth20.40
Quality10.50
Value58.94
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In: