Landstar System is a global logistics and transportation services company that provides a wide range of supply chain solutions
The company operates through a network of independent agents and third-party logistics providers, offering services such as truckload, less-than-truckload, and intermodal transportation. Landstar specializes in flatbed and heavy haul transportation, catering to diverse industries including construction, manufacturing, and energy. With a focus on safety and reliability, Landstar leverages advanced technology and real-time tracking systems to optimize its logistics operations and enhance customer experience across its extensive operational network.
Freight transportation and logistics provider Saia (NASDAQ:SAIA)
will be announcing earnings results tomorrow before market hours. Here’s what to look for.
Freight delivery company Landstar (NASDAQ:LSTR) reported Q4 CY2024 results topping the market’s revenue expectations, but sales were flat year on year at $1.21 billion. Its GAAP profit of $1.31 per share was 2.5% below analysts’ consensus estimates.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Landstar (NASDAQ:LSTR) and the best and worst performers in the ground transportation industry.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how ground transportation stocks fared in Q3, starting with Knight-Swift Transportation (NYSE:KNX).
Let’s dig into the relative performance of Schneider National (NYSE:SNDR) and its peers as we unravel the now-completed Q3 ground transportation earnings season.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the ground transportation industry, including Avis Budget Group (NASDAQ:CAR) and its peers.
Freight delivery company Landstar (NASDAQ:LSTR) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 6.1% year on year to $1.21 billion. Its GAAP profit of $1.41 per share was 2.4% below analysts’ consensus estimates.
The market has seen a dip in U.S. liquidity, and only 19% of all stocks are beating the S&P 500 over the last four weeks. That hasn’t happened in over 20 years -- and possibly longer (likely the Dot-Com bust).
