FMP
May 25, 2023 1:10 PM - Davit Kirakosyan
Landstar System, Inc. (NASDAQ:LSTR) provided a guidance update on Q2/23. Relative to its issued guidance on April 26, the company now anticipates revenue to be in the range of $1.325–1.375 billion (down 33% to 30% year-over-year), vs. $1.400–1.450 billion previously.
It now expects Q2 diluted EPS to be $1.75–1.85 (down 43% to 39%) vs. $1.90–2.00 previously. The company’s updated guidance reflects truckload volume currently trending below Q2/22 by 16–18% vs. its previous guidance of a year-over-year decrease of 14–16%.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...