Landstar (LSTR) Q1 Earnings, Revenues Beat Estimates, Down Y/Y
LSTRLandstar System(LSTR) Zacks Investment Research·2024-04-26 02:11

Landstar System, Inc. (LSTR) first-quarter 2024 earnings per share (EPS) of 1.32beattheZacksConsensusEstimateof1.32 beat the Zacks Consensus Estimate of 1.28 but fell 39.2% year over year. Revenues of 1,171millionoutpacedtheZacksConsensusEstimateof1,171 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 59.96million.Totalcostsandexpenses(onareportedbasis)decreased16.659.96 million. Total costs and expenses (on a reported basis) decreased 16.6% to 1,114.49 million. Total revenues in the truck transportation segment — contributing t ...