Analysts expect the Jacksonville, Florida-based company to report quarterly earnings at 94 cents per share, down from $1.32 per share in the year-ago period. According to data from Benzinga Pro, Landstar System projects quarterly revenue at $1.13 billion, compared to $1.17 billion a year earlier.
On April 24, Truist Securities analyst Lucas Servera maintained Landstar System with a Hold and lowered the price target from $150 to $135.
With the recent buzz around Landstar System, some investors may be eyeing potential gains from the company’s dividends too. Currently, Landstar System offers an annual dividend yield of 1.06% — a quarterly dividend of 36 cents per …