Loading...
•
Mar 30, 2024
Landstar Q1 2024 Earnings Report
Landstar's revenue and EPS decreased in Q1 2024 due to a challenging freight environment.
Key Takeaways
Landstar System reported a decrease in revenue and earnings per share for Q1 2024. Revenue was $1.171 billion, and EPS was $1.32. The company highlighted its strong balance sheet and focus on strategic growth initiatives despite a challenging freight environment.
Landstar's Q1 2024 revenue reached $1.171 billion, with an EPS of $1.32.
Truckload van equipment revenue was $628.3 million, while unsided/platform equipment revenue amounted to $343.0 million.
Truck transportation accounted for 91% of the total revenue, totaling $1,068.9 million.
The Board of Directors declared a quarterly dividend of $0.33 per share.
Revenue by Segment
Forward Guidance
Landstar did not provide specific forward guidance in this release. They plan to discuss Q2 guidance on the earnings call.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...