Landstar System Inc reports results for the quarter ended December 31 - Earnings Summary

• Landstar System Inc LSTR.OQ reported quarterly adjusted earnings of $1.31​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.62. The mean expectation of fourteen analysts for the quarter was for earnings of $1.35 per share. Wall Street expected results to range from $1.29 to $1.40 per share.

• Revenue rose 0.4% to $1.21 billion from a year ago; analysts expected $1.20 billion.

• Landstar System Inc's reported EPS for the quarter was $1.31​.

• The company reported quarterly net income of $46.19 million.

• Landstar System Inc shares had risen by 3.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 15 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the ground freight & logistics peer group is also "hold"

Wall Street's median 12-month price target for Landstar System Inc is $169.50

This summary was machine generated from LSEG data January 29 at 10:51 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)