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.
Landstar (LSTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.