Gattoni concluded, “Based on the range of revenue estimated for the 2024 first quarter, I would anticipate EPS to be in a range of $1.25 to $1.35. The anticipated range of EPS for the 2024 first quarter includes estimated insurance and claims costs of approximately 5.5% of BCO revenue. These costs were 5.7% of BCO revenue during fiscal year 2023. The anticipated range of EPS for the 2024 first quarter also reflects an estimated effective income tax rate of 24.5%.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on LSTR:
- Landstar System Reports Fourth Quarter Revenue of $1.204B and Earnings Per Share of $1.62
- Is LSTR a Buy, Before Earnings?
- Landstar to Release Fourth Quarter Results on Wednesday, January 31, 2024
- Landstar System price target lowered to $162 from $173 at Susquehanna
- Landstar System price target raised to $171 from $165 at Stifel
