Landstar System Reports Record Quarterly Revenue of $1.183 Billion and Record Second Quarter Diluted Earnings Per Share of $1.51

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/20/2026

1. SPY
2. XENE
3. NUE
4. HUBS
5. ONON
6. AAPL
7. RTB
8. AZN
9. SPCX
10. TRMD

Go back to Landstar System Reports Record Quarterly Revenue of $1.183 Billion and Record Second Quarter Diluted Earnings Per Share of $1.51

Landstar System (LSTR) PT Raised to $113 at Cowen

July 27, 2018 8:28 AM EDT

Cowen raised its price target on Landstar System (NASDAQ: LSTR) to $113.00 (from $108.00) while maintaining a Market Perform rating.

Analyst Jason Seidl commented, "2Q results where essentially in line and included some records and better than expected guidance. Despite the improved... More

Landstar System, Inc. (LSTR) Misses Q2 EPS by 2c, Revenues Beat; Offers 3Q EPS Views Above Consensus

July 25, 2018 4:28 PM EDT

Landstar System, Inc. (NASDAQ: LSTR) reported Q2 EPS of $1.51, $0.02 worse than the analyst estimate of $1.53. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.16 billion.

I am extremely pleased with the financial performance of the Landstar model during the 2018 second quarter, said Landstars President and Chief Executive Officer Jim Gattoni. The 2018 second quarter established all-time Landstar quarterly records for revenue, gross profit and operating income while diluted earnings per share was a second quarter record. The Company also set new all-time Landstar records for trucks provided by... More