Landstar System Full Year 2024 Earnings: In Line With Expectations

Landstar System (NASDAQ:LSTR) Full Year 2024 Results

Key Financial Results

• Revenue: US$4.83b (down 9.0% from FY 2023).
• Net income: US$195.9m (down 26% from FY 2023).
• Profit margin: 4.1% (down from 5.0% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$5.51 (down from US$7.36 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Landstar System Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Transportation industry in the US.

Performance of the American Transportation industry.

The company's shares are down 5.2% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Landstar System that you need to be mindful of.

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