Landstar System, Inc. (LSTR) Tops Q4 EPS by 7c

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Go back to Landstar System, Inc. (LSTR) Tops Q4 EPS by 7c

Landstar System Reports Record Quarterly Revenue of $893 Million and Record Quarterly Diluted Earnings Per Share From Continuing Operations of $0.94

February 1, 2017 4:15 PM EST

JACKSONVILLE, Fla., Feb. 01, 2017 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) reported net income of $39.6 million, or $0.94 per diluted share, in the 2016 fourteen-week fourth quarter on revenue of $893 million.  Landstar reported net income of $37.9 million, or $0.88 per diluted share, on revenue of $849 million in the 2015 thirteen-week fourth quarter.  Revenue for the 2016 fourth quarter was the highest quarterly revenue in Landstar history while diluted earnings per share for the 2016 fourth quarter was the highest quarterly diluted earnings per share from continuing operations in Landstar history.  Gross profit (defined as revenue less the cost of... More