Landstar System Reports Record Quarterly Revenue of $1.202 Billion and Record Quarterly Diluted Earnings Per Share of $1.63

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Landstar System (LSTR) Tops Q3 EPS by 3c, Revenues In-Line

October 24, 2018 4:26 PM EDT

Landstar System (NASDAQ: LSTR) reported Q3 EPS of $1.63, $0.03 better than the analyst estimate of $1.60. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.2 billion.

I am extremely pleased with Landstars financial performance during the 2018 third quarter, said Landstars President and Chief Executive Officer Jim Gattoni. The 2018 third quarter established all-time Landstar quarterly records for revenue, operating income and diluted earnings per share while gross profit was a third quarter record. The Company also set new all-time Landstar records for trucks provided by BCOs with 10,443 as of the... More