Aug. 1 at 5:23 PM
$LSTR beats earnings estimates — but is it enough to lift the stock? 🤔
📈 Q2 EPS of
$1.20 beat the Zacks Consensus Estimate of
$1.16, but fell 18.9% YoY.
🚚 Truck transportation revenue, which makes up 89.8% of total revenue, rose 1.1%, slightly above expectations.
💰
$359.23M in cash and an active share buyback program in place.
Discover more about LSTR's performance here 👉 https://www.zacks.com/stock/news/2650026/landstar-q2-earnings-revenues-surpass-estimates-down-yy?cid=sm-stocktwits-2-2650026-body-5535&ADID=SYND_STOCKTWITS_TWEET_2_2650026_BODY_5535