Landstar System: Q1 Earnings Insights

Landstar System LSTR reported its Q1 earnings results on Wednesday, April 20, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Landstar System beat estimated earnings by 10.96%, reporting an EPS of $3.34 versus an estimate of $3.01.

Revenue was up $683.00 million from the same period last year.

Last quarter the company beat on EPS by $0.18 which was followed by a 4.04% drop in the share price the next day.

Here's a look at Landstar System's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	2.81	2.49	2.31	1.63
EPS Actual	2.99	2.58	2.40	2.01
Revenue Estimate	1.81B	1.66B	1.47B	1.15B
Revenue Actual	1.95B	1.73B	1.57B	1.29B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Landstar System management provided guidance for Q2 2022, expecting earnings between $3.22 and $3.32 per share.

To track all earnings releases for Landstar System visit their earnings calendar here..

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar