Profile
Sector:
IndustrialsIndustry:
Integrated Freight & LogisticsCountry:
United StatesIPO:
05 March 1993Website:
http://www.landstar.comNext earnings report:
24 July 2024Last dividends:
07 May 2024Next dividends:
N/APrice
after hours | Tue, 02 Jul 2024 20:03:41 GMTAnalysts recommendations
Institutional Ownership
LSTR Latest News
Landstar (LSTR) expects second-quarter 2024 truck loads to decline between 5% and 9% on a year-over-year basis and truck revenue per load to decrease in the range of 0-4% on a year-over-year basis.
Landstar (LSTR) reported earnings 30 days ago. What's next for the stock?
Weakness in overall volumes due to headwinds like weak freight demand, supply-chain woes and slower network velocity is hurting Landstar's (LSTR) top line.
Landstar's (LSTR) earnings and revenues for the first quarter of 2024 show a decline compared to the previous year.
While Landstar's (LSTR) revenue and EPS provide insight into its performance in the first quarter of 2024, it is important to also analyze how certain key metrics stack up against Wall Street forecasts and the previous year's figures.
Landstar System (LSTR) reported quarterly earnings of $1.32 per share, surpassing the Zacks Consensus Estimate of $1.28 per share. This is lower than the earnings of $2.17 per share from the same quarter last year.
Landstar (LSTR) lacks the necessary elements for a potential earnings beat in its upcoming report. Be sure to be aware of the key expectations.
Landstar System, Inc. will report its first quarter 2024 results on April 24, 2024 after the market closes. The company will host a conference call on April 25, 2024 at 8:00 a.m. ET to discuss the results and current outlook. To join the webcast, go to www.investor.landstar.com and click on "Webcasts" followed by "Landstar's First Quarter 2024 Earnings Release Conference Call."
While Landstar's (LSTR) shareholder-friendly measures look encouraging, weak freight conditions and driver shortage issues are concerning.
High operating expenses and weak freight market conditions represent major headwinds at Landstar System (LSTR).
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What type of business is Landstar System?
Landstar System, Inc. is a global provider of comprehensive transportation management solutions. The company was registered in January 1991. It acquired all of the principal capital of its predecessor, Landstar System Holdings, Inc. (LSHI), on March 28, 1991. The headquarters is located in Jacksonville, Florida. The transportation logistics segment provides a wide range of comprehensive transportation management solutions. The insurance segment consists of Signature Insurance Company, a wholly owned offshore insurance subsidiary, and Risk Management Claim Services, Inc. The insurance segment provides risk management and claims services, reinsuring certain risks of the company's independent contractors.
What sector is Landstar System in?
Landstar System is in the Industrials sector
What industry is Landstar System in?
Landstar System is in the Integrated Freight & Logistics industry
What country is Landstar System from?
Landstar System is headquartered in United States
When did Landstar System go public?
Landstar System initial public offering (IPO) was on 05 March 1993
What is Landstar System website?
https://www.landstar.com
Is Landstar System in the S&P 500?
No, Landstar System is not included in the S&P 500 index
Is Landstar System in the NASDAQ 100?
No, Landstar System is not included in the NASDAQ 100 index
Is Landstar System in the Dow Jones?
No, Landstar System is not included in the Dow Jones index
When does Landstar System report earnings?
The next expected earnings date for Landstar System is 24 July 2024