Edition:
United States

Landstar System Inc (LSTR.OQ)

LSTR.OQ on NASDAQ Stock Exchange Global Select Market

83.25USD
26 May 2017
Change (% chg)

$-1.05 (-1.25%)
Prev Close
$84.30
Open
$84.35
Day's High
$84.50
Day's Low
$83.15
Volume
69,025
Avg. Vol
97,417
52-wk High
$90.75
52-wk Low
$64.21

Latest Key Developments (Source: Significant Developments)

Landstar System reports Q1 diluted earnings per share of $0.77
Wednesday, 26 Apr 2017 04:15pm EDT 

April 26 (Reuters) - Landstar System Inc :Landstar System reports record first quarter revenue of $781 million and record first quarter diluted earnings per share of $0.77.Sees Q2 2017 earnings per share $0.84 to $0.89.Q1 earnings per share $0.77.Sees Q2 2017 revenue $820 million to $870 million.Q1 revenue $781 million.Landstar System Inc - number of loads hauled via truck in 2017 Q1 increased 10 percent over 2016 q1.Expect 2017 Q2 truck revenue per load to be higher than 2016 Q2 in a low single digit percentage range.Landstar System Inc - revenue per load on loads hauled via truck was 1 percent higher in 2017 Q1 compared to 2016 Q1.Expect number of loads hauled via truck in 2017 q2 to increase in a mid to upper single digit range over 2016 Q2."Expectation is that pricing conditions for truck services in 2017 Q2 will continue to be soft".Landstar System Inc - anticipate 2017 Q2 diluted earnings per share to be in a range of $0.84 to $0.89 per share.Landstar system - sees pricing conditions for truck services in 2017 Q2 will continue to be soft with little change in level of available truck capacity.Q1 earnings per share view $0.74 -- Thomson Reuters I/B/E/S.Q1 revenue view $757.1 million -- Thomson Reuters I/B/E/S.  Full Article

Landstar System reports Q4 earnings per share $0.94
Wednesday, 1 Feb 2017 04:15pm EST 

Landstar System Inc - : Reports record quarterly revenue of $893 million and record quarterly diluted earnings per share from continuing operations of $0.94 . Q4 earnings per share $0.94 . Q4 revenue $893 million versus I/B/E/S view $830.2 million . Q4 earnings per share view $0.87 -- Thomson Reuters I/B/E/S . Sees Q1 2017 earnings per share $0.70 to $0.75 . Sees Q1 2017 revenue $725 million to $775 million . Says expect revenue per load on loads hauled via truck in 2017 Q1 to be equal to or slightly below 2016 q1 . Expect number of loads hauled via truck in 2017 Q1 to increase in a mid to high-single digit range over 2016 q1 . Q1 earnings per share view $0.73, revenue view $741.0 million -- Thomson Reuters I/B/E/S .Says expect number of loads hauled via truck in 2017 q1 to increase in a mid to high-single digit range over 2016 q1.  Full Article

Landstar System reports Q2 earnings per share of $0.76
Wednesday, 20 Jul 2016 04:15pm EDT 

Landstar System Inc : Landstar system reports second quarter revenue of $775 million and diluted earnings per share of $0.76 . Sees Q3 2016 earnings per share $0.79 to $0.84 . Q2 earnings per share $0.76 . Q2 revenue $775 million versus I/B/E/S view $787.9 million . Q2 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . "Landstar's truckload services continued to experience significant pricing pressure throughout 2016 Q2" . Number of loads hauled via truck in 2016 Q2 decreased 2 percent from 2015 Q2 . Revenue per load on loads hauled via truck was 9 percent lower in 2016 Q2 compared to 2015 Q2 . Had earlier provided Q2 revenue guidance of $770 million to $820 million . Had earlier provided Q2 EPS guidance of $0.80 to $0.85 .Board of directors has declared a quarterly dividend of $0.09 per share payable on August 26, 2016.  Full Article

Landstar System Inc gives Q1 2016 guidance
Thursday, 28 Jan 2016 04:06pm EST 

Landstar System Inc:Anticipate revenue for Q1 2016 to be in a range of $720 million to $770 million.Anticipate Q1 2016 diluted earnings per share to be in a range of $0.70 to $0.75 per share.  Full Article

Landstar System Inc gives Q4 2015 guidance below analysts' estimates
Thursday, 22 Oct 2015 04:05pm EDT 

Landstar System Inc:Anticipates revenue for Q4 2015 to be in a range of $815 million to $865 million.Anticipates Q4 2015 diluted earnings per share to be in a range of $0.85 to $0.90 per share.Q4 2015 revenue of $884 million and EPS of $0.91 - Thomson Reuters I/B/E/S.  Full Article

Landstar System Inc declares dividend
Thursday, 22 Oct 2015 04:05pm EDT 

Landstar System Inc:Declared a quarterly dividend of $0.08 per share.Payable on Dec. 4 to stockholders of record at the close of business on Nov. 10.  Full Article

Landstar System Inc reaffirms Q3 2015 guidance
Thursday, 3 Sep 2015 04:00pm EDT 

Landstar System Inc:Says that it is comfortable with previously issued guidance of Q3 2015 revenue of $830 million to $880 million.Anticipates Q3 2015 diluted earnings per share to be a range of $0.87 to $0.92.  Full Article

Landstar System Inc gives Q3 2015 outlook in line with analysts' estimates
Thursday, 23 Jul 2015 04:05pm EDT 

Landstar System Inc:Anticipates Q3 2015 revenue to be in a range of $830 to $880 million.Anticipates Q3 2015 diluted earnings per share to be in a range of $0.87 to $0.92.Q3 2015 revenue of $865 mln and EPS of $0.89 - Thomson Reuters I/B/E/S.  Full Article

More From Around the Web

BRIEF-Landstar System reports Q1 diluted earnings per share of $0.77

* Landstar System reports record first quarter revenue of $781 million and record first quarter diluted earnings per share of $0.77