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Landstar System Inc (LSTR.OQ)

LSTR.OQ on NASDAQ Stock Exchange Global Select Market

97.04USD
10 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Landstar System Reports Record Quarterly Revenue Of $1.202 Bln
Wednesday, 24 Oct 2018 04:15pm EDT 

Oct 24 (Reuters) - Landstar System Inc ::LANDSTAR SYSTEM REPORTS RECORD QUARTERLY REVENUE OF $1.202 BILLION AND RECORD QUARTERLY DILUTED EARNINGS PER SHARE OF $1.63.Q3 REVENUE $1.202 BILLION VERSUS I/B/E/S VIEW $1.2 BILLION.LANDSTAR SYSTEM - EXPECT NUMBER OF LOADS HAULED VIA TRUCK IN 2018 Q4 TO EXCEED 2017 Q4 IN AN 8 TO 10 PERCENT RANGE.ANTICIPATE DILUTED EARNINGS PER SHARE IN THE 2018 FOURTH QUARTER IN A RANGE OF $1.56 TO $1.62.NUMBER OF LOADS HAULED VIA TRUCK IN 2018 Q3 INCREASED 7 PERCENT OVER 2017 Q3.LANDSTAR SYSTEM -SEES REVENUE FOR 2018 Q4 IN A RANGE OF $1.180 BILLION TO $1.230 BILLION, REPRESENTING GROWTH OF 12 PERCENT TO 17 PERCENT ABOVE 2017 Q4.LANDSTAR SYSTEM - EXPECT TRUCK REVENUE PER LOAD IN 2018 FOURTH QUARTER TO EXCEED PRIOR YEAR FOURTH QUARTER IN AN UPPER SINGLE DIGIT PERCENTAGE RANGE.Q3 EARNINGS PER SHARE VIEW $1.60, REVENUE VIEW $1.20 BILLION -- THOMSON REUTERS I/B/E/S.REVENUE PER LOAD ON LOADS HAULED VIA VAN EQUIPMENT INCREASED 21 PERCENT OVER THE 2017 THIRD QUARTER.Q4 EARNINGS PER SHARE VIEW $1.59, REVENUE VIEW $1.22 BILLION -- THOMSON REUTERS I/B/E/S.REVENUE PER LOAD ON LOADS HAULED VIA TRUCK WAS 19 PERCENT HIGHER THAN 2017 Q3.  Full Article

Landstar System board authorizes Co to buy about 2 mln additional shares of its common stock - SEC Filing
Wednesday, 13 Dec 2017 04:53pm EST 

Dec 13 (Reuters) - Landstar System Inc ::LANDSTAR SYSTEM-ON DEC 11,BOARD AUTHORIZED CO TO BUY UP TO ABOUT 2 MILLION ADDITIONAL SHARES OF ITS COMMON STOCK, PAR VALUE $0.01 PER SHARE - SEC FILING.  Full Article

Landstar Announces Increase To Stock Purchase Program
Wednesday, 13 Dec 2017 04:36pm EST 

Dec 13 (Reuters) - Landstar System Inc ::LANDSTAR ANNOUNCES INCREASE TO STOCK PURCHASE PROGRAM AND SPECIAL DIVIDEND.LANDSTAR SYSTEM INC - BOARD HAS DECLARED A SPECIAL ONE-TIME CASH DIVIDEND IN AMOUNT OF $1.50 PER SHARE.LANDSTAR SYSTEM INC - INCREASED NUMBER OF SHARES OF ITS COMMON STOCK AUTHORIZED TO PURCHASE TO 3 MILLION.  Full Article

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