Published on 25 Apr 2024 on Zacks via Yahoo Finance
Landstar (LSTR) Q1 Earnings, Revenues Beat Estimates, Down Y/Y
Landstar System, Inc. (LSTR) first-quarter 2024 earnings per share (EPS) of $1.32 beat the Zacks Consensus Estimate of $1.28 but fell 39.2% year over year. Revenues of $1,171 million outpaced the Zacks Consensus Estimate of $1,119.5 million but declined 18.4% year over year.
Operating income fell 40.8% from the prior-year quarter’s figure to $59.96 million. Total costs and expenses (on a reported basis) decreased 16.6% to $1,114.49 million.
Landstar System, Inc. Price, Consensus and EPS Surprise