Landstar System (NASDAQ: LSTR) has announced that it will be unveiling its third quarter financial results on Tuesday 29th October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the enterprise is expected to report an estimated per share $1.45 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $1.22 billion during this period.
During the same quarter of the previous year, the company made public its income of $1.71 per share, which were derived from a quarterly revenue of $1.29 billion.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $4.89 billion. They also predict that throughout the course of the fiscal year, the business will make about profit of $5.81 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.48 | -20.0% | 1.23 B | -10.8% |
| Q1 2024 | $1.32 | -39.2% | 1.17 B | -18.5% |
| Q4 2023 | $1.62 | -37.7% | 1.20 B | -28.1% |
| Q3 2023 | $1.71 | -38.0% | 1.29 B | -29.0% |
| Q2 2023 | $1.85 | -39.3% | 1.37 B | -30.4% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 29th October 2024 at 05:00 PM eastern time to review the Q3 2024 financial results.
Landstar System (LSTR) closed Friday's regular trading session at $179.15, indicating a 0.54 percent gain. The stock fluctuated between $178.83 and $180.89 during the day, with a volume of 135.10 thousand shares.
