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LSTRBearishEarningsnews
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Landstar (LSTR) Q1 Earnings, Revenues Beat Estimates, Down Y/Y

Apr 25, 2024, 2:15 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- LSTR reported Q1 EPS of $1.32, beating estimates, but fell 39.2% YoY. - Revenues were $1,171 million, above estimates, but declined 18.4% YoY. - Operating income fell 40.8% to $59.96 million. - Transportation segment revenues were higher than expected at $1,068.93 million. - LSTR declared a quarterly dividend of 33 cents per share. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • LSTR reported Q1 EPS of $1.32, beating estimates, but fell 39.2% YoY.
  • Revenues were $1,171 million, above estimates, but declined 18.4% YoY.
  • Operating income fell 40.8% to $59.96 million.
  • Transportation segment revenues were higher than expected at $1,068.93 million.
  • LSTR declared a quarterly dividend of 33 cents per share.

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