Landstar System Reports Record First Quarter Revenue of $1.048 Billion and Record First Quarter Diluted Earnings Per Share of $1.37

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Go back to Landstar System Reports Record First Quarter Revenue of $1.048 Billion and Record First Quarter Diluted Earnings Per Share of $1.37

Landstar System (LSTR) Tops Q1 EPS by 2c; Guides Q2 EPS Above the Street

April 25, 2018 4:26 PM EDT

Landstar System (NASDAQ: LSTR) reported Q1 EPS of $1.37, $0.02 better than the analyst estimate of $1.35. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.03 billion.

GUIDANCE:

Landstar System sees Q2 2018 EPS of $1.48-$1.54, versus the consensus of $1.43.

I am extremely pleased with the execution of the Landstar model during the 2018 first quarter, said Landstars President and Chief Executive Officer Jim Gattoni. Diluted earnings per share was $1.37 in the 2018 first quarter, the highest first quarter diluted earnings per share in Landstar history. Revenueand the number of... More