Landstar

Business

Landstar System Reports Record Per-Share Result in First Quarter

Landstar System Tom Biery/Trans Pixs

Landstar System on April 24 reported a record first-quarter earnings per share price of $1.58 on net income of $63.3 million, which compares with $1.37 per share on income of $57.5 million during the same period a year ago — beating Wall Street expectations.

Dan Ronan | Associate News Editor
April 24, 2019
Business

Landstar Sets ‘High-Water Marks’ for Revenue, Profits in 4Q

Landstar truck Landstar System Inc.

Landstar System reported record revenue and profits in the fourth quarter of 2018 and set new “high-water marks” for the number of loads and drivers in 2018, company officials said.

Daniel P. Bearth | Staff Writer
January 30, 2019
Business

Landstar System Posts Another Record Quarter

Landstar System Tom Biery/Trans Pixs

Landstar System reported a big bump in business, posting record earnings and revenue in the third quarter.

Daniel P. Bearth | Staff Writer
October 24, 2018
Business, Logistics

Landstar Analyst Invokes ‘Spaceballs’ in Bullish Freight Thesis

Landstar truck on highway Landstar

Landstar System’s stock is traveling at “ludicrous” speed after a series of bullish analyst calls, including one with references from the movie “Spaceballs.”

Shelly Hagan | Bloomberg News
July 31, 2018
Business, Logistics, Top 100

Landstar Profit Jumps on Record Revenue

Landstar truck Landstar System Inc.

Landstar System reported record second-quarter net income of $62.5 million, or $1.51 a share, a rise of 67% from $37.5 million, and 89 cents per share, in the same period a year ago.

Burney Simpson | Staff Reporter
July 26, 2018
Business, Top 100

Landstar System Posts Record First Quarter

Landstar truck Landstar System Inc.

Landstar System reported its best first quarter with revenue jumping 34.2% to $1.05 billion and profits reaching a record $57.5 million, or $1.37 a share, as demand for freight hauling continued to strain truck capacity in the market.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business

Landstar Announces Strong Results in Third Quarter

Landstar truck Landstar System

Landstar System posted stronger-than-expected earnings Oct. 25, with net income rising 17% year-over-year in the third quarter, easily surpassing the Bloomberg News consensus forecast.

Ari Ashe | Staff Reporter
October 25, 2017