Landstar's (LSTR) second-quarter 2024 earnings and revenues decrease year over year.
Landstar System, Inc. (LSTR) Q2 2024 Earnings Call Transcript
The headline numbers for Landstar (LSTR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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.