Landstar System Reports Record Second Quarter Revenue of $1.975B and Diluted Earnings Per Share of $3.05

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Go back to Landstar System Reports Record Second Quarter Revenue of $1.975B and Diluted Earnings Per Share of $3.05

Landstar System (LSTR) PT Lowered to $162 at Stifel

July 22, 2022 9:15 AM EDT

Stifel analyst J. Bruce Chan lowered the price target on Landstar System (NASDAQ: LSTR) to $162.00 (from $163.00) while maintaining a Hold rating following results.

The analyst commented, "Landstar reported 2Q22 EPS of $3.05below our $3.24 estimate, the $3.27 consensus, and the $3.22-$3.32 guidance set in... More

Landstar System (LSTR) PT Lowered to $157 at Cowen

July 21, 2022 5:30 PM EDT

Cowen analyst Jason Seidl lowered the price target on Landstar System (NASDAQ: LSTR) to $157.00 (from $158.00) while maintaining a Market Perform rating.

The analyst commented, "LSTR reported a bottom line miss in 2Q. Expectations were thwarted by declining spot rates that eroded pricing... More

Landstar System (LSTR) Misses Q2 EPS by 22c

July 20, 2022 4:23 PM EDT

Landstar System (NASDAQ: LSTR) reported Q2 EPS of $3.05, $0.22 worse than the analyst estimate of $3.27. Revenue for the quarter came in at $1.98 billion versus the consensus estimate of $2.02 billion.

GUIDANCE:

Landstar System sees Q3 2022 EPS of $2.75-$2.85.

For earnings history and earnings-related data on Landstar System (LSTR) click here.

... More