It has been about a month since the last earnings report for Landstar System (LSTR) . Shares have lost about 4.2% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Landstar due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Q2 Earnings Beat Quarterly earnings per sh ...

Landstar System, Inc. (NASDAQ:LSTR) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Jim Todd - Vice President & Chief Financial Officer Frank Lonegro - President & Chief Executive Officer Joe Beacom - Vice President & Chief Safety & Operations Officer Jim Applegate - Vice President & Chief Corporate Sales, Strategy & Specialized Freight Officer Matt Dannegger - Vice President & Chief Field Sales Officer Conference Call Participants Joe Enderlin - Stephens Incorporated Elliot A ...

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Revenue per load - Ocean and air cargo carriers : $3,085 versus $3,226.95 estimated by three analysts on average. Revenue- Rail Intermodal Revenue- Ocean and air cargo carriers : $77.71 million versus $97.15 million estimated by th ...

Another stock from the same industry, Forward Air (FWRD) , has yet to report results for the quarter ended June 2024. What's Next for Landstar? Landstar System (LSTR) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.85 per share a year ago. These figures are adjusted for non-recurring items. Landstar, which belongs to the Zacks Transportation - Truck industry, posted revenues of $1.23 billion for the quarter ended J ...

by Industry Served with Revenue Share Indicated Amounts in Percent Gross Profit Date 2 2Q 2024 The following is a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995. Statements made in this slide presentation that are not based on historical facts are "forward-looking statements." This presentation may make certain statements containing forward-looking statements, such as statements which relate to Landstar's business objectives, plans, strategies and expectations. Such state ...

Exhibit 99.1 Landstor System, Inc. 13410 Sotton Park Drive, Soc.et. 13410 Sotton Park Drive, Soc.224 1341 For Immediate Release July 30, 2024 LANDSTAR SYSTEM REPORTS SECOND QUARTER REVENUE OF $1.225B AND EARNINGS PER SHARE OF $1.48 AND ANNOUNCES 9% INCREASE TO QUARTERLY DIVIDEND Jacksonville, FL—Landstar System, Inc. (NASDAQ: LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.48 in the 2024 second quarter on revenue of $1.225 billion. "The Landstar network ...

Landstar System, Inc. and Subsidiary Supplemental Information (Unaudited) (2) Includes primarily reinsurance premium revenue generated by the insurance segment and intra-Mexico transportation services revenue generated by Landstar Metro. Costs and expenses: Purchased transportation Commissions to agents Other operating costs, net of gains on asset sales/dispositions Insurance and claims Selling, general and administrative Depreciation and amortization Average basic and diluted shares outstanding (1) Include ...

JACKSONVILLE, Fla., July 30, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.48 in the 2024 second quarter on revenue of $1.225 billion. "The Landstar network of independent business owners performed admirably in a challenging freight transportation environment," said Landstar President and Chief Executive Officer Frank Lonegro. "During the second quarter, we were encouraged to see our first sequent ...

About Landstar: JACKSONVILLE, Fla., July 16, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 second quarter results after the market closes on Tuesday, July 30, 2024, and will then hold its quarterly conference call with analysts and investors at 5:00 p.m. ET that evening to discuss the second quarter results and current outlook. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Second Quarter 2024 Earnings Re ...

Let's delve deeper. Weak Zacks Rank and Style Score: Landstar currently carries a Zacks Rank #4 (Sell). The company's current Value Score of C shows its unattractiveness. Earnings Expectations: Downbeat earnings expectations cast a shadow over a company's prospects. For second-quarter 2024, LSTR's earnings are expected to decline 20.54% year over year. For 2024, LSTR's earnings are expected to decline 14.27% year over year. Weakness in overall volumes due to headwinds like weak freight conditions, supply-ch ...