Landstar System Reports Second Quarter Revenue of $824 Million and Diluted Earnings Per Share of $0.63
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/20/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Landstar System (LSTR) PT Raised to $118 at Cowen
July 23, 2020 12:43 PM EDTCowen analyst Jason Seidl raised the price target on Landstar System (NASDAQ: LSTR) to $118.00 (from $105.00) while maintaining a Market Perform rating.
... MoreLandstar System (LSTR) Misses Q2 EPS by 7c, Revenues Beat; Offers 3Q EPS Guidance Above Consensus
July 22, 2020 4:25 PM EDTLandstar System (NASDAQ: LSTR) reported Q2 EPS of $0.63, $0.07 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $823.51 million versus the consensus estimate of $775.35 million.
Overall, the resiliency of Landstars variable cost business model performed as expected given the unprecedented economic decline caused by the coronavirus (COVID-19) pandemic, said Landstars President and Chief Executive Officer, Jim Gattoni. We entered the 2020 second quarter knowing we would face a very soft freight demand environment as a result of actions taken by governmental authorities and businesses to reduce the spread of COVID-19. As... More
