Landstar System Reports Record Fourth Quarter Revenue of $1.182 Billion and All-Time Quarterly Record Diluted Earnings Per Share of $1.68

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Landstar System (LSTR) Tops Q4 EPS by 9c, Revenues Miss; Q1 EPS Guidance Above Consensus, Q1 Revenue Guidance Below Consensus

January 30, 2019 4:18 PM EST

Landstar System (NASDAQ: LSTR) reported Q4 EPS of $1.68, $0.09 better than the analyst estimate of $1.59. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.21 billion.

I am very pleased with Landstars financial performance during the 2018 fourth quarter, said Landstars President and Chief Executive Officer Jim Gattoni. The 2018 fourth quarter established fourth quarter records for revenue, gross profit and operating income, while diluted earnings per share was an all-time quarterly record. The Company also set a new all-time Landstar record for trucks provided by BCOs with 10,599 as of the end of the... More