Landstar System (LSTR) Misses Q4 EPS by 1c

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Landstar System Reports Fourth Quarter Revenue of $1.675B and Fourth Quarter Diluted Earnings Per Share of $2.60

February 1, 2023 4:15 PM EST

JACKSONVILLE, Fla., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (Landstar or the Company) reported diluted earnings per share (DEPS) of $2.60 in the 2022 fourteen-week fourth quarter on revenue of $1.675 billion. Landstar reported diluted earnings per share of $2.99 on revenue of $1.945 billion in the 2021 thirteen-week fourth quarter.

The Companys fiscal year ends each year on the last Saturday in December. As such, the Companys 2022 fourth quarter ended on December 31st and included fourteen weeks of operations, whereas the 2021 fourth quarter ended on December 25th and included thirteen weeks. As... More