Landstar System Inc (NAS:LSTR)
$ 188.56 -3.05 (-1.59%) Market Cap: 6.66 Bil Enterprise Value: 6.36 Bil PE Ratio: 32.34 PB Ratio: 6.56 GF Score: 85/100

Landstar System Inc at Oppenheimer Industrial Growth Conference (Virtual) - Fireside Chat Transcript

May 04, 2021 / 02:30PM GMT
Release Date Price: $178.59 (+1.66%)
Scott Andrew Schneeberger
Oppenheimer & Co. Inc., Research Division - MD & Senior Analyst

Good morning, everyone. I'm Scott Schneeberger, the senior transportation services analyst at Oppenheimer. Thank you for joining us today. It's my pleasure to have Landstar's CEO, Jim Gattoni; as well as Joe Beacom here to discuss current business conditions and the company's investment story. Landstar is a leading North American provider of high ROIC asset-light truck brokerage services, we're using a fireside chat format, where I'll ask some high-level questions upfront for an overview of the business. And later in this session, I'll transition to asking questions submitted by you and the audience via the Zoom.

So first off, getting started, Landstar reported a very strong first quarter performance a couple of weeks ago. So Jim or Joe, could you please put this business environment in the context by comparing it to what you've seen from past cycles?

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot