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Landstar System Inc (LSTR.OQ)

LSTR.OQ on NASDAQ Stock Exchange Global Select Market

98.00USD
24 Nov 2017
Change (% chg)

$-0.05 (-0.05%)
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$98.05
Open
$98.30
Day's High
$98.95
Day's Low
$97.85
Volume
24,354
Avg. Vol
93,887
52-wk High
$101.90
52-wk Low
$80.35

Latest Key Developments (Source: Significant Developments)

Landstar System reports qtrly earnings per share of $1.01 from continuing operations
Wednesday, 25 Oct 2017 04:15pm EDT 

Oct 25 (Reuters) - Landstar System Inc : :Landstar System reports record quarterly revenue of $943 million and record quarterly diluted earnings per share from continuing operations of $1.01.Quarterly earnings per share $1.01 from continuing operations.Quarterly revenue rose 20 percent to $943 million.Landstar System Inc says ‍number of loads hauled via truck in 2017 q3 increased 13 percent over 2016 q3​.Says qtrly diluted earnings per share of $0.86 ‍​.Landstar System Inc says ‍revenue per load on loads hauled via truck was 6 percent higher in 2017 q3 compared to 2016 q3​.Landstar System Inc says ‍announced today that its board of directors has declared a quarterly dividend of $0.10 per share payable on december 8, 2017​.Expect diluted earnings per share to be in a range of $0.98 to $1.03 in the 2017 fourth quarter‍​.Landstar System Inc says ‍anticipate 2017 q4 revenue to be in a range of $975 million to $1.025 billion​.Landstar System -‍anticipate number of loads hauled via truck in 2017 q4 to be above 2016 q4 in a high single digit to low double digit percentage range​.Expect q4 revenue per load on loads hauled via truck to exceed the prior year q4 in a low double digit percentage range.  Full Article

Landstar System Inc reports Q2 earnings per share $0.89
Wednesday, 26 Jul 2017 04:15pm EDT 

July 26 (Reuters) - Landstar System Inc :Reports Q2 earnings per share $0.89.Reports Q2 revenue of $870 million, up 12 percent.Landstar system reports diluted earnings per share of $0.89 on record second quarter revenue of $870 million.Q2 earnings per share $0.89.Sees Q3 2017 earnings per share $0.88 to $0.93.Q2 earnings per share view $0.89 -- Thomson Reuters I/B/E/S.Landstar system inc- ‍revenue per load on loads hauled via truck was 3 percent higher in 2017 q2 compared to 2016 q2​.Landstar system inc - ‍board of directors has declared a quarterly dividend of $0.10 per share​.Landstar system inc - expect 2017 q3 revenue to be similar to company's 2017 q2 revenue.Landstar system inc- ‍"pricing environment for our truckload services continued to show slow improvement in 2017 q2"​.Q3 earnings per share view $0.91, revenue view $860.7 million -- Thomson Reuters I/B/E/S.Landstar system inc - ‍through first few weeks of july, we have experienced normal seasonal uptick in revenue per load on loads hauled via truck​.Landstar system reports diluted earnings per share of $0.89 on record second quarter revenue of $870 million.  Full Article

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

BRIEF-Landstar System Inc reports Q2 earnings per share $0.89

* Landstar system reports diluted earnings per share of $0.89 on record second quarter revenue of $870 million