Will These Numbers from Landstar System Be Good Enough for You?
Landstar System (NAS: LSTR) is expected to report Q2 earnings on July 25. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Landstar System's revenues will wane -6.9% and EPS will drop -13.2%.
The average estimate for revenue is $685.1 million. On the bottom line, the average EPS estimate is $0.66.
Last quarter, Landstar System chalked up revenue of $628.7 million. GAAP reported sales were 3.2% lower than the prior-year quarter's $649.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.57. GAAP EPS of $0.57 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 22.3%, 10 basis points worse than the prior-year quarter. Operating margin was 6.8%, 20 basis points better than the prior-year quarter. Net margin was 4.3%, 20 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.78 billion. The average EPS estimate is $2.71.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 178 members out of 193 rating the stock outperform, and 15 members rating it underperform. Among 73 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 70 give Landstar System a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Landstar System is outperform, with an average price target of $58.87.
If you're interested in transportation companies like Landstar System, then you should check out our special report that features 3 companies who depend on, and invest in, that industry. Learn the basic financial habits of millionaires next door and get these 3 focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.
- Add Landstar System to My Watchlist.
The article Will These Numbers from Landstar System Be Good Enough for You? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.