Landstar System (LSTR) Reports In-Line Q4 EPS, Misses on Revenue
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Landstar System Reports Fourth Quarter Revenue of $1.204B and Earnings Per Share of $1.62
January 31, 2024 4:15 PM ESTJACKSONVILLE, Fla., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (Landstar or the Company) reported basic and diluted earnings per share (EPS) of $1.62 in the 2023 thirteen-week fourth quarter on revenue of $1.204 billion. Landstar reported EPS of $2.60 on revenue of $1.675 billion in the 2022 fourteen-week fourth quarter.
The Companys fiscal year ends each year on the last Saturday in December. As such, the Companys 2022 fourth quarter ended on December 31st and included fourteen weeks of operations, whereas the 2023 fourth quarter ended on December 30th and included thirteen weeks of operations.... More
