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Stock impact report

Landstar (LSTR) Reports Earnings Tomorrow: What To Expect [Yahoo! Finance]

Covenant Logistics Group, Inc. Class A (CVLG) 
Company Research Source: Yahoo! Finance
Landstar missed analysts' revenue expectations by 1.8% last quarter, reporting revenues of $1.23 billion, down 10.7% year on year. It was a mixed quarter for the company, with a miss of analysts' revenue estimates. On the other hand, earnings came in ahead of consensus estimates. Is Landstar a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Landstar's revenue to decline 5.5% year on year to $1.22 billion, improving from the 28.9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.45 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 3 downward revisions over the last 30 days (we track 9 analysts). Landstar has missed Wall Street's revenue estimates four times over the last two years. Looking at Landstar's peers in the ground transportation segment, some have already reported their Q3 results, g Show less Read more
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