Landstar System Reports First Quarter Revenue Of $712 Million And Record First Quarter Diluted Earnings Per Share Of $0.69

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Avondale Partners Downgrades Landstar System (LSTR) to Market Perform

April 22, 2016 6:48 AM EDT

Avondale Partners downgraded Landstar System (NASDAQ: LSTR) from Market Outperform to Market Perform with a price target of $67.50 (from $72.50).

For an analyst ratings summary and ratings history on Landstar System click here. For more ratings news on Landstar System click here.

Shares of Landstar System closed at $65.44 yesterday.

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Landstar System (LSTR) Tops Q1 EPS by 2c, Offers Q2 Guidance

April 20, 2016 4:17 PM EDT

Landstar System (NASDAQ: LSTR) reported Q1 EPS of $0.69, $0.02 better than the analyst estimate of $0.67. Revenue for the quarter came in at $711.6 million versus the consensus estimate of $719.11 million.

GUIDANCE:

Landstar System sees Q2 2016 EPS of $0.80-$0.85, versus the consensus of... More