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Stock impact report

Landstar System Reports Fourth Quarter Revenue of $1.209B and Earnings Per Share of $1.31

Landstar System, Inc. (LSTR) 
Last landstar system, inc. earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.landstar.com/investor-relations
Company Research Source: GlobeNewswire
JACKSONVILLE, 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 the 2024 third quarter and a strong revenue performance specific to our unsided/platform service offering. We look to build on this revenue per load momentum as we begin the 2025 fiscal year. Our network of Landstar BCOs, agents and employees are optimistic for an improved freight transportation en Show less Read more
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