LSTR earnings
Landstar System Inc. (LSTR) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Landstar System Reports Improved First Quarter Performance Revenue of $1.171B and Earnings Per Share of $1.16JACKSONVILLE, Fla., April 28, 2026 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported its financial results for the 2026 first quarter. The Company reported total revenue of $1.171 billion in the 2026 first quarter, an increase of 2% as compared to revenue of $1.153 billion in the 2025 first quarter, and basic and diluted earnings per share ("EPS") of $1.16 in the 2026 first quarter, an increase of 36% as compared to EPS of $0.85 per share in the 2025 first quarter. As a reminder, EPS in the 2025 first quarter was unfavorably impacted by approximately $0.10 related to the previously disclosed supply chain fraud matter. The Company also repo
- Landstar to Release First Quarter Results on Tuesday, April 28, 2026JACKSONVILLE, Fla., April 14, 2026 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2026 first quarter results after the market closes on Tuesday, April 28, 2026, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the first quarter results. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's First Quarter 2026 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telephone replay number for th
- Landstar System Reports Fourth Quarter ResultsJACKSONVILLE, Fla., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today confirmed its financial results for the 2025 fourth quarter. As previously disclosed in a Form 8-K filed with the U.S. Securities and Exchange Commission (the "SEC") on January 21, 2026, the Company reported total revenue of $1,174 million in the 2025 fourth quarter, compared to $1,209 million in the 2024 fourth quarter. Landstar reported basic and diluted earnings per share ("EPS") of $0.70 for the 2025 fourth quarter, compared to $1.31 in the 2024 fourth quarter. "The Landstar team of independent business owners and employees performed well during the 2025 fourth
- Landstar to Release Fourth Quarter Results on Wednesday, January 28, 2026JACKSONVILLE, Fla., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2025 fourth quarter results after the market closes on Wednesday, January 28, 2026, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the fourth quarter results. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Fourth Quarter 2025 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telephone replay number
- Landstar System Reports Third Quarter ResultsJACKSONVILLE, Fla., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported its financial results for the 2025 third quarter. The Company reported total revenue of $1,205 million in the 2025 third quarter, compared to $1,214 million in the 2024 third quarter. Gross profit and variable contribution each also decreased approximately 1% in the 2025 third quarter compared to the 2024 third quarter. Landstar reported basic and diluted earnings per share ("EPS") of $0.56 for the 2025 third quarter, compared to $1.41 in the 2024 third quarter. As further described below, and as previously disclosed in a Current Report on Form 8-K filed wi
- Landstar to Release Third Quarter Results on Tuesday, October 28, 2025JACKSONVILLE, Fla., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2025 third quarter results after the market closes on Tuesday, October 28, 2025, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the third quarter results. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Third Quarter 2025 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telephone replay number for t
- Landstar System Reports Second Quarter Revenue of $1.211b and Earnings Per Share of $1.20JACKSONVILLE, Fla., July 29, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.20 in the 2025 second quarter on revenue of $1.211 billion. "The Landstar team of independent business owners and employees performed admirably during the second quarter, highlighted by continuing strong performance by our services hauled by unsided/platform equipment," said Landstar President and Chief Executive Officer Frank Lonegro. "I was encouraged that Landstar achieved a 3.2% sequential increase in truck revenue per load compared to the 2025 first quarter, outperforming typical seasonality. In additi
- Landstar to Release Second Quarter Results on Tuesday, July 29, 2025JACKSONVILLE, Fla., July 15, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2025 second quarter results after the market closes on Tuesday, July 29, 2025, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the second quarter results. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Second Quarter 2025 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telephone replay number
- Landstar System Reports First Quarter Revenue of $1.153B and Earnings per Share of $0.85 and Announces 11% Increase to Quarterly DividendJACKSONVILLE, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $0.85 in the 2025 first quarter on revenue of $1.153 billion. "The Landstar team of independent business owners and employees continued to perform admirably, despite a highly unpredictable macro-economic backdrop," said Landstar President and Chief Executive Officer Frank Lonegro. "I was encouraged by the number of loads hauled via truck in the quarter. Importantly, this was the first time in fifteen years that the number of loads hauled via truck during the first quarter exceeded the immediately preceding four
- Landstar System to Release First Quarter Results on Tuesday May 13, 2025JACKSONVILLE, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2025 first quarter results before the market opens on Tuesday, May 13, 2025, and will then hold its quarterly conference call with analysts and investors at 8:30 a.m. ET that morning to discuss the first quarter results. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's First Quarter 2025 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telephone replay number for the U.
- Landstar System to Release First Quarter Results on Tuesday, May 13, 2025JACKSONVILLE, Fla., April 25, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") announced today that it has rescheduled its 2025 first quarter earnings release and conference call with analysts and investors for Tuesday, May 13, 2025. The earnings release and conference call were previously scheduled for Tuesday, April 29, 2025. The Company also currently anticipates filing today a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission, which will provide the Company with a five-calendar day extension to file its Form 10-Q for the 2025 first quarter no later than May 13, 2025. The Company expects to file its Quart
- Landstar System Reports Fourth Quarter Revenue of $1.209B and Earnings Per Share of $1.31JACKSONVILLE, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.31 in the 2024 fourth quarter on revenue of $1.209 billion. "The Landstar team of independent business owners and employees continued to perform admirably, despite the continuation of a challenging freight backdrop," said Landstar President and Chief Executive Officer Frank Lonegro. "I was encouraged to see year-over-year quarterly revenue growth for the first time since the 2022 third quarter. The year-over-year revenue growth was achieved via a sequential increase in overall truck pricing as compared to t
- Landstar to Release Fourth Quarter Results on Wednesday, January 29, 2025JACKSONVILLE, Fla., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 fourth quarter results after the market closes on Wednesday, January 29, 2025, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the fourth quarter results and current outlook. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Fourth Quarter 2024 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The tele
- Landstar System Reports Third Quarter Revenue of $1.214B and Earnings Per Share of $1.41JACKSONVILLE, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.41 in the 2024 third quarter on revenue of $1.214 billion. "Consistent with the first half of 2024, the freight environment during the third quarter remained challenging. The Landstar team of independent business owners and employees continued to perform admirably given this backdrop," said Landstar President and Chief Executive Officer Frank Lonegro. "I was encouraged that Landstar achieved a 3.2% sequential increase in truck revenue per load compared to the 2024 second quarter, outperforming typical seaso
- Landstar to Release Third Quarter Results on Tuesday, October 29, 2024JACKSONVILLE, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 third quarter results after the market closes on Tuesday, October 29, 2024, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the third quarter results and current outlook. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Third Quarter 2024 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telepho
- Landstar System Reports Second Quarter Revenue of $1.225B and Earnings Per Share of $1.48 and Announces 9% Increase to Quarterly DividendJACKSONVILLE, Fla., July 30, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.48 in the 2024 second quarter on revenue of $1.225 billion. "The Landstar network of independent business owners performed admirably in a challenging freight transportation environment," said Landstar President and Chief Executive Officer Frank Lonegro. "During the second quarter, we were encouraged to see our first sequential quarter-to-quarter revenue increase since the 2022 second quarter. Revenue in the 2024 second quarter grew 5% sequentially following seven quarters of sequential revenue declines. As
- Landstar to Release Second Quarter Results on Tuesday, July 30, 2024JACKSONVILLE, Fla., July 16, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 second quarter results after the market closes on Tuesday, July 30, 2024, and will then hold its quarterly conference call with analysts and investors at 5:00 p.m. ET that evening to discuss the second quarter results and current outlook. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Second Quarter 2024 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on telephone replay for 48 hours. The telephone
- Landstar System Reports First Quarter Revenue of $1.171B and Earnings Per Share of $1.32JACKSONVILLE, Fla., April 24, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.32 in the 2024 first quarter on revenue of $1.171 billion. Landstar also announced today that its Board of Directors declared a quarterly dividend of $0.33 per share payable on May 24, 2024, to stockholders of record as of the close of business on May 8, 2024. "It's been a privilege to join Landstar and work alongside our customers, independent agents, BCOs, employees and the Board. The Landstar team performed admirably in a challenging freight environment as both the number of loads hauled via truck and
- Landstar to Release First Quarter Results on Wednesday, April 24, 2024JACKSONVILLE, Fla., April 10, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 first quarter results after the market closes on Wednesday, April 24, 2024. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, April 25, 2024 at 8:00 a.m. ET to discuss the first quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's First Quarter 2024 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on t
- Landstar System Reports Fourth Quarter Revenue of $1.204B and Earnings Per Share of $1.62JACKSONVILLE, Fla., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") reported basic and diluted earnings per share ("EPS") of $1.62 in the 2023 thirteen-week fourth quarter on revenue of $1.204 billion. Landstar reported EPS of $2.60 on revenue of $1.675 billion in the 2022 fourteen-week fourth quarter. The Company's fiscal year ends each year on the last Saturday in December. As such, the Company's 2022 fourth quarter ended on December 31st and included fourteen weeks of operations, whereas the 2023 fourth quarter ended on December 30th and included thirteen weeks of operations. We estimate the extra week in 2022 contributed revenue of a
- Landstar to Release Fourth Quarter Results on Wednesday, January 31, 2024JACKSONVILLE, Fla. , Jan. 17, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2023 fourth quarter results after the market closes on Wednesday, January 31, 2024. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, February 1, 2024 at 8:00 a.m. ET to discuss the fourth quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's Fourth Quarter 2023 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be avail
- Frank A. Lonegro to Succeed James B. Gattoni as Landstar CEOJACKSONVILLE, Fla., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a technology-enabled, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today that its Board of Directors has named Frank A. Lonegro as President and Chief Executive Officer, effective February 2, 2024. James B. Gattoni, who currently serves as President and CEO, will continue to serve in that role through the date of the Company's 2023 fourth quarter earnings release conference call, currently scheduled for February 1, 2024, following which he will be transitioning to the role of Special Advisor to the CEO before hi
- Landstar System Reports Third Quarter Revenue of $1.289B and Earnings Per Share of $1.71JACKSONVILLE, Fla., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") reported basic and diluted earnings per share ("EPS") of $1.71 in the 2023 third quarter on revenue of $1.289 billion. Landstar reported EPS of $2.76 on revenue of $1.816 billion in the 2022 third quarter. Gross profit in the 2023 third quarter was $128.1 million and variable contribution (defined as revenue less the cost of purchased transportation and commissions to agents) in the 2023 third quarter was $187.4 million. Gross profit in the 2022 third quarter was $185.7 million and variable contribution in the 2022 third quarter was $245.7 million. Reconciliations of gro
- Landstar to Release Third Quarter Results on Wednesday, October 25, 2023JACKSONVILLE, Fla., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) announced today it will release its 2023 third quarter results after the market closes on Wednesday, October 25, 2023. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, October 26, 2023 at 8:00 a.m. ET to discuss the third quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's Third Quarter 2023 Earnings Release Conference Call." For those unable to participate in the live call, or for those who do not have access to the Internet, the call will be available on
- Landstar System Reports Second Quarter Revenue of $1.374B and Second Quarter Diluted Earnings Per Share of $1.85JACKSONVILLE, Fla., July 26, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") reported diluted earnings per share ("DEPS") of $1.85 in the 2023 second quarter on revenue of $1.374 billion. Landstar reported DEPS of $3.05 on revenue of $1.975 billion in the 2022 second quarter. Gross profit in the 2023 second quarter was $139.7 million and variable contribution (defined as revenue less the cost of purchased transportation and commissions to agents) in the 2023 second quarter was $198.2 million. Gross profit in the 2022 second quarter was $208.1 million and variable contribution in the 2022 second quarter was $267.5 million. Reconciliations of gross
- Landstar to Release Second Quarter Results on Wednesday, July 26, 2023JACKSONVILLE, Fla., July 12, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2023 second quarter results after the market closes on Wednesday, July 26, 2023. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, July 27, 2023 at 8:00 a.m. ET to discuss the second quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's Second Quarter 2023 Earnings Release Conference Call
- Landstar System Reports First Quarter Revenue Of $1.436B And First Quarter Diluted Earnings Per Share Of $2.17JACKSONVILLE, Fla., April 26, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) ("Landstar" or the "Company") reported diluted earnings per share ("DEPS") of $2.17 in the 2023 first quarter on revenue of $1.436 billion. Landstar reported DEPS of $3.34 on revenue of $1.971 billion in the 2022 first quarter. Gross profit in the 2023 first quarter was $152.9 million and variable contribution (defined as revenue less the cost of purchased transportation and commissions to agents) in the 2023 first quarter was $208.7 million. Gross profit in the 2022 first quarter was $214.6 million and variable contribution in the 2022 first quarter was $270.5 million. Reconciliations of gross prof
- Landstar To Release First Quarter Results On Wednesday, April 26, 2023JACKSONVILLE, Fla., April 12, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2023 first quarter results after the market closes on Wednesday, April 26, 2023. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, April 27, 2023 at 8:00 a.m. ET to discuss the first quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's First Quarter 2023 Earnings Release Conference Call
- Landstar System Reports Fourth Quarter Revenue of $1.675B and Fourth Quarter Diluted Earnings Per Share of $2.60JACKSONVILLE, 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 Company's fiscal year ends each year on the last Saturday in December. As such, the Company's 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 the week following Christmas tends to reflect less deman
- Landstar to Release Fourth Quarter Results on Wednesday, February 1, 2023JACKSONVILLE, Fla., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2022 fourth quarter results after the market closes on Wednesday, February 1, 2023. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, February 2, 2023 at 8:00 a.m. ET to discuss the fourth quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's Fourth Quarter 2022 Earnings Release Conferenc
- Landstar System Reports Record Third Quarter Revenue of $1.816B and Record Third Quarter Diluted Earnings Per Share of $2.76JACKSONVILLE, Fla., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) reported revenue of $1.816 billion in the 2022 third quarter, a 5 percent increase over revenue of $1.734 billion in the 2021 third quarter and quarterly diluted earnings per share ("DEPS") of $2.76, an increase of 7 percent compared to $2.58 in the 2021 third quarter. 2022 third quarter revenue and DEPS each established new all-time third quarter records for Landstar. Gross profit in the 2022 third quarter was $185.7 million, 2 percent below 2021 third quarter gross profit of $189.2 million. Variable contribution (defined as revenue less the cost of purchased transportation and commissions to agents
- Landstar To Release Third Quarter Results On Wednesday, October 19, 2022JACKSONVILLE, Fla., Oct. 05, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2022 third quarter results after the market closes on Wednesday, October 19, 2022. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, October 20, 2022 at 8:00 a.m. ET to discuss the third quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's Third Quarter 2022 Earnings Release Conference C
- Landstar System Reports Record Second Quarter Revenue of $1.975B and Diluted Earnings Per Share of $3.05JACKSONVILLE, Fla., July 20, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) reported revenue of $1.975 billion in the 2022 second quarter, a 26 percent increase over revenue of $1.571 billion in the 2021 second quarter; quarterly net income of $112.6 million, an increase of 22 percent over net income of $92.3 million in the 2021 second quarter; and quarterly diluted earnings per share ("DEPS") of $3.05, an increase of 27 percent compared to $2.40 in the 2021 second quarter. 2022 second quarter revenue, net income and DEPS each established new all-time second quarter records for Landstar. Gross profit in the 2022 second quarter was $208.1 million, a second quarter record and
- Landstar to Release Second Quarter Results on Wednesday, July 20, 2022JACKSONVILLE, Fla., July 06, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2022 second quarter results after the market closes on Wednesday, July 20, 2022. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, July 21, 2022 at 8:00 a.m. ET to discuss the second quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's Second Quarter 2022 Earnings Release Conference Call
- Landstar System Reports All-Time Quarterly Record Diluted Earnings Per Share of $3.34 in the 2022 First QuarterJACKSONVILLE, Fla., April 20, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) reported record quarterly revenue of $1.971 billion in the 2022 first quarter, a 53 percent increase over revenue of $1.288 billion in the 2021 first quarter; quarterly net income of $124.8 million, an increase of 62 percent over net income of $77.2 million in the 2021 first quarter; and quarterly diluted earnings per share ("DEPS") of $3.34, an increase of 66 percent compared to $2.01 in the 2021 first quarter. To put these 2022 first quarter results into perspective, the Company's revenue, net income, and DEPS were the highest amounts achieved in any quarter in Landstar history, surpassing the prio
- Landstar to Release First Quarter Results on Wednesday, April 20, 2022JACKSONVILLE, Fla., April 06, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2022 first quarter results after the market closes on Wednesday, April 20, 2022. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, April 21, 2022 at 8:00 a.m. ET to discuss the first quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's First Quarter 2022 Earnings Release Conference Call
- Landstar System Achieves Record-Breaking Annual Performance in 2021 With Record Diluted Earnings Per Share Of $2.99 in the 2021 Fourth QuarterJACKSONVILLE, Fla., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) reported record quarterly revenue of $1.945 billion in the 2021 fourth quarter, a 50 percent increase over revenue of $1.296 billion in the 2020 fourth quarter. The Company also reported net income of $113.3 million, or diluted earnings per share ("DEPS") of $2.99, in the 2021 fourth quarter compared to net income in the 2020 fourth quarter of $65.1 million, or DEPS of $1.70. It should be noted that DEPS in the 2020 fourth quarter included a one-time charge of $15.5 million, or $0.31 per diluted share, related to buyouts of certain incentive commission arrangements with several Landstar independent sa
- Landstar to Release Fourth Quarter Results on Wednesday, January 26, 2022JACKSONVILLE, Fla., Jan. 12, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2021 fourth quarter results after the market closes on Wednesday, January 26, 2022. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, January 27, 2022 at 8:00 a.m. ET to discuss the fourth quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's Fourth Quarter 2021 Earnings Release Conferenc
- Landstar System Reports All-Time Quarterly Record Diluted Earnings Per Share Of $2.58 in the 2021 Third QuarterJACKSONVILLE, Fla., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) reported record quarterly revenue of $1.734 billion in the 2021 third quarter, a 60 percent increase over revenue of $1.086 billion in the 2020 third quarter. Net income was a quarterly record of $98.7 million, or diluted earnings per share of $2.58, in the 2021 third quarter compared to net income of $61.9 million, or diluted earnings per share of $1.61, in the 2020 third quarter. Operating income grew to an all-time quarterly record of $131.4 million in the 2021 third quarter, 60 percent above operating income of $82.4 million in the 2020 third quarter. To put the strength of our 2021 third quarter
- Landstar to Release Third Quarter Results on Wednesday, October 20, 2021JACKSONVILLE, Fla., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2021 third quarter results after the market closes on Wednesday, October 20, 2021. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, October 21, 2021 at 8:00 a.m. ET to discuss the third quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on "Webcasts"; and then "Landstar's Third Quarter 2021 Earnings Release Conference C
- Landstar System Reports All-Time Quarterly Record Diluted Earnings Per Share of $2.40 in the 2021 Second QuarterJACKSONVILLE, Fla., July 21, 2021 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR) reported all-time quarterly record net income of $92.3 million, or $2.40 per diluted share, in the 2021 second quarter, on record quarterly revenue of $1.571 billion. Landstar reported net income of $24.3 million, or $0.63 per diluted share, on $824 million of revenue in the 2020 second quarter. Gross profit (defined as revenue less the cost of purchased transportation and commissions to agents) also reached an all-time quarterly record of $220.8 million in the 2021 second quarter compared to $113.1 million in the 2020 second quarter. Given the significant adverse impact of the COVID-19 pandemic on th