While the top- and bottom-line numbers for Landstar (LSTR) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Landstar System, Inc. (NASDAQ:LSTR ) Q4 2024 Earnings Conference Call January 29, 2025 4:30 PM ET Company Participants Frank Lonegro – President and Chief Executive Officer Jim Applegate – Vice President and Chief Corporate Sales Strategy and Specialized Freight Officer Jim Todd – Vice President and Chief Financial Officer Matt Dannegger – Vice President and Chief Field Sales Officer Matt Miller – Vice President, Chief Safety and Operations Officer Conference Call Participants Scott Group – Wolfe Research Jason Seidl – TD Cowen Andrew Cox – Stifel Operator Good afternoon, and welcome to Landstar System Incorporated Year-End Earnings Release Conference Call. All lines will be in a listen-only mode until the formal question-and-answer session.
Landstar System (LSTR) came out with quarterly earnings of $1.31 per share, missing the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.62 per share a year ago.
LSTR's fourth-quarter 2024 top line is expected to have suffered from a freight market downturn and the resultant reduced demand for freight services.
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.
LSTR's announcement of a special one-time cash dividend highlights its financial bliss.
Landstar System, a profitable asset-light logistics firm, maintains high flexibility and robust returns on capital and assets, despite slightly lower margins. The company's unique model, leveraging third-party owner-operators, reduces capital requirements and enhances operational efficiency, providing a strong economic moat. Despite recent revenue declines due to cyclical demand, LSTR's lean structure and net cash position ensure resilience and long-term profitability.
Landstar (LSTR) reported earnings 30 days ago. What's next for the stock?
LSTR is affected by reduced demand for freight services and increased truck capacity.
LSTR's third-quarter 2024 earnings and revenues decrease year over year.
Landstar System, Inc. (NASDAQ:LSTR ) Q3 2024 Earnings Conference Call October 29, 2024 4:30 PM ET Company Participants Frank Lonegro - President, Chief Executive Officer Jim Todd - Vice President, Chief Financial Officer Joe Beacom - Vice President, Chief Safety and Operations Officer Jim Applegate - Vice President, Chief Corporate Sales, Strategy and Specialized Freight Officer Matt Dannegger - Vice President and Chief Field Sales Officer Conference Call Participants Brian Ossenbeck - JP Morgan Tom Ridgway - UBS Jordan Alliger - Goldman Sachs Jon Chappell - Evercore ISI Scott Group - Wolfe Research Daniel Imbro - Stephens Elliot Alper - TD Cowen Stephanie Moore - Jefferies David Hicks - Raymond James Financial Operator Good afternoon, and welcome to Landstar Systems Incorporated Third Quarter Earnings Release Conference Call. All lines will be in a listen-only mode until the formal question-and-answer session.
Landstar System (LSTR) came out with quarterly earnings of $1.41 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.71 per share a year ago.