Landstar System (LSTR) Beats By 3c; Issues Guidance; Boosts Dividend By 7%; Increases Buyback By 2 Million Shares
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Landstar System (Nasdaq: LSTR) reports Q2 EPS of $0.59 ex-items, 3 cents better than the analyst estimate of $0.56. Revenues for the quarter were $698 million, versus the consensus of $673.74 million.
Boosts buyback by 2 million shares and increases quarterly dividend to 4 cents.
Sees Q3 eps 54-60c versus consensus of 59 cents.
Landstar System, Inc. is a non-asset based transportation and logistics services company.
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EarningsGeneral News
Guidance
Stock Buybacks
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