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Countdown to Landstar (LSTR) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
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In its upcoming report, Landstar System (LSTR - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.92 per share, reflecting a decline of 30.3% compared to the same period last year. Revenues are forecasted to be $1.13 billion, representing a year-over-year decrease of 3.5%.
The consensus EPS estimate for the quarter has been revised 2.9% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
With that in mind, let's delve into the average projections of some Landstar metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts' assessment points toward 'Revenue' reaching $1.13 billion. The estimate indicates a year-over-year change of -3.6%.
The consensus among analysts is that 'Investment income' will reach $2.88 million. The estimate suggests a change of -15.6% year over year.
Analysts forecast 'Revenue' to reach $1.13 billion. The estimate indicates a change of -3.6% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Investment income' of $2.88 million. The estimate points to a change of -15.6% from the year-ago quarter.
The combined assessment of analysts suggests that 'Number of loads - Ocean and air cargo carriers' will likely reach 8,899. Compared to the present estimate, the company reported 8,720 in the same quarter last year.
Based on the collective assessment of analysts, 'Number of loads - Truck Transportation' should arrive at 468,390. The estimate compares to the year-ago value of 490,720.
Analysts predict that the 'Number of loads - Total' will reach 484,455. The estimate is in contrast to the year-ago figure of 506,590.
The average prediction of analysts places 'Number of loads - Rail Intermodal' at 7,166. The estimate is in contrast to the year-ago figure of 7,150.
Analysts expect 'Revenue per load - Ocean and air cargo carriers' to come in at $6,579.53. The estimate is in contrast to the year-ago figure of $6,201.
It is projected by analysts that the 'Revenue per load - Rail Intermodal' will reach $3,170.29. The estimate compares to the year-ago value of $3,174.
According to the collective judgment of analysts, 'Revenue per load - Truck Transportation' should come in at $2,176.89. The estimate compares to the year-ago value of $2,178.
The consensus estimate for 'Revenue per load - Ocean and air cargo carriers' stands at $6,579.53. The estimate is in contrast to the year-ago figure of $6,201.
Over the past month, shares of Landstar have returned -6.2% versus the Zacks S&P 500 composite's +11.3% change. Currently, LSTR carries a Zacks Rank #5 (Strong Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Countdown to Landstar (LSTR) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
In its upcoming report, Landstar System (LSTR - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.92 per share, reflecting a decline of 30.3% compared to the same period last year. Revenues are forecasted to be $1.13 billion, representing a year-over-year decrease of 3.5%.
The consensus EPS estimate for the quarter has been revised 2.9% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
With that in mind, let's delve into the average projections of some Landstar metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts' assessment points toward 'Revenue' reaching $1.13 billion. The estimate indicates a year-over-year change of -3.6%.
The consensus among analysts is that 'Investment income' will reach $2.88 million. The estimate suggests a change of -15.6% year over year.
Analysts forecast 'Revenue' to reach $1.13 billion. The estimate indicates a change of -3.6% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Investment income' of $2.88 million. The estimate points to a change of -15.6% from the year-ago quarter.
The combined assessment of analysts suggests that 'Number of loads - Ocean and air cargo carriers' will likely reach 8,899. Compared to the present estimate, the company reported 8,720 in the same quarter last year.
Based on the collective assessment of analysts, 'Number of loads - Truck Transportation' should arrive at 468,390. The estimate compares to the year-ago value of 490,720.
Analysts predict that the 'Number of loads - Total' will reach 484,455. The estimate is in contrast to the year-ago figure of 506,590.
The average prediction of analysts places 'Number of loads - Rail Intermodal' at 7,166. The estimate is in contrast to the year-ago figure of 7,150.
Analysts expect 'Revenue per load - Ocean and air cargo carriers' to come in at $6,579.53. The estimate is in contrast to the year-ago figure of $6,201.
It is projected by analysts that the 'Revenue per load - Rail Intermodal' will reach $3,170.29. The estimate compares to the year-ago value of $3,174.
According to the collective judgment of analysts, 'Revenue per load - Truck Transportation' should come in at $2,176.89. The estimate compares to the year-ago value of $2,178.
The consensus estimate for 'Revenue per load - Ocean and air cargo carriers' stands at $6,579.53. The estimate is in contrast to the year-ago figure of $6,201.
View all Key Company Metrics for Landstar here>>>
Over the past month, shares of Landstar have returned -6.2% versus the Zacks S&P 500 composite's +11.3% change. Currently, LSTR carries a Zacks Rank #5 (Strong Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>