- Landstar reported fourth-quarter earnings per share (EPS) of $1.31, which was lower than last year’s EPS of $1.62 and below the estimate of $1.35.
- The company’s revenue for the quarter was $1.21 billion, a slight increase of 0.4% compared to the previous year, surpassing the estimate of $1.2 billion.
- Landstar’s President and CEO, Frank Lonegro, complimented the company’s independent business owners and employees for their performance in a challenging freight market.
- Investment analysts have rated Landstar with 0 buys, 15 holds, and 1 sell recommendation.
Landstar System on Smartkarma
Independent analyst coverage of Landstar System on Smartkarma sheds light on key aspects impacting the transportation and logistics giant. Baptista Research delves into Landstar System Inc.’s unique operational model, which involves leveraging independent agents and owner-operator truck drivers, known as BCOs. The research evaluates various factors influencing the company’s stock price, offering insights into its resilience and challenges faced in a competitive market. The analysis utilizes a Discounted Cash Flow methodology to provide an independent valuation of Landstar System Inc.
Continuing its focus on Landstar System, Baptista Research initiates coverage, emphasizing the company’s core business strategy. Despite facing hurdles in the freight market, Landstar System Inc. demonstrated resilience in its second-quarter performance for 2024, surpassing earnings projections amidst soft demand and surplus truck capacity. The research highlights Landstar’s commitment to growth through strategic operational adjustments, technology investments, and fleet enhancements. As the company navigates through the year, the analysis provides valuable insights into the major drivers shaping Landstar System‘s trajectory in the transportation and logistics sector.
A look at Landstar System Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Landstar System, Inc. is positioned for a solid long-term outlook based on its Smartkarma Smart Scores. With a respectable Growth score of 3, the company shows potential for expansion and development in the coming years. Coupled with a strong Resilience score of 4, Landstar System demonstrates a robust ability to weather economic uncertainties and challenges.
Furthermore, Landstar System‘s Momentum score of 3 indicates a positive trend in its market performance. Although the company’s Value and Dividend scores are lower at 2, Landstar System‘s overall outlook appears favorable, with strengths in growth, resilience, and momentum driving its future prospects in the North American truckload carrier industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
