LSTR Stock Recent News

JACKSONVILLE, 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's (LSTR) management lowers the guidance for second-quarter 2023 revenues and earnings per share.

Landstar System, a large American transportation company, offers an attractive long-term risk/reward opportunity for dividend growth portfolios, with a track record of consistent dividend growth. Despite facing headwinds due to slower economic growth, LSTR remains a solid performer, outperforming the market by over 600 basis points per year with relatively low volatility.

Landstar's (LSTR) management expects second-quarter 2023 earnings per share in the range of $1.75-$1.85.

Truck broker Landstar System lowered its second-quarter guidance in a filing with the Securities and Exchange Commission Tuesday after the market closed. The Jacksonville, Florida-based company said both revenue and earnings will come in below the ranges it provided when it reported first-quarter results at the end of April.

Landstar System's (LSTR) first-quarter 2023 earnings and revenues decrease year over year.

Landstar System, Inc. (LSTR) Q1 2023 Earnings Call Transcript.

Freight broker Landstar System said Thursday the soft trends it experienced in the first quarter are actually a little worse so far in April. The company expects normal seasonal freight patterns to return in May but that is only because April has been so weak.

Landstar System (LSTR) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $2.07 per share. This compares to earnings of $3.34 per share a year ago.

JACKSONVILLE, 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."