Landstar System Cuts 1Q EPS Guidance on Supply-Chain Fraud Investigation

Dow Jones

2025/04/03

By Katherine Hamilton

Landstar System has identified significant supply-chain fraud which could affect outlook.

The freight company said Wednesday it believes the fraud may cut first-quarter earnings per share by 35 cents to 50 cents due to an impairment of trade accounts receivable recorded on its December balance sheet.

It now anticipates first-quarter earnings per share to be 90 cents to 95 cents. Landstar had previously guided for earnings per share of $1.05 to $1.25. Analysts polled by FactSet are forecasting $1.12 a share.

Landstar said it is investigating the fraud, which does not involve its core North American truckload services.

The company said it expects insurance and claims costs to be elevated in the first quarter due to cargo theft and truck accident claim development.

The company plans to release its first-quarter results on April 29.

Shares fell 6.2% to $142.50 after the market closed Wednesday.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

April 02, 2025 17:59 ET (21:59 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"澳洲华人首选美澳港股一站式交易平台 | 老虎证券","description":"澳、美、港、A股、ETF、期权一站式在线交易，超低佣金，新手也能轻松开启投资。在老虎证券， 1 美元起投资美股，24/5 无时差交易美股，澳大利亚华人信赖的在线炒股平台。","keywords":"老虎证券,老虎证券澳洲,老虎证券股票,老虎证券开户,老虎证券app,tigertrade老虎证券,股票,asx美股,炒股,券商,澳洲股票交易,澳大利亚炒股","social":{"ogDescription":"澳、美、港、A股、ETF、期权一站式在线交易，超低佣金，新手也能轻松开启投资。在老虎证券， 1 美元起投资美股，24/5 无时差交易美股，澳大利亚华人信赖的在线炒股平台。","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2524421764"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"AUS","license":"TBAU","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2524421764\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2524421764?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-03 05:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2524421764","market":"nz","top_or_hot":-1,"title":"Landstar System Cuts 1Q EPS Guidance on Supply-Chain Fraud Investigation","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Katherine Hamilton \n</p>\n<p>\n  Landstar System has identified significant supply-chain fraud which could affect outlook. \n</p>\n<p>\n  The freight company said Wednesday it believes the fraud may cut first-quarter earnings per share by 35 cents to 50 cents due to an impairment of trade accounts receivable recorded on its December balance sheet. \n</p>\n<p>\n  It now anticipates first-quarter earnings per share to be 90 cents to 95 cents. Landstar had previously guided for earnings per share of $1.05 to $1.25. Analysts polled by FactSet are forecasting $1.12 a share. \n</p>\n<p>\n  Landstar said it is investigating the fraud, which does not involve its core North American truckload services. \n</p>\n<p>\n  The company said it expects insurance and claims costs to be elevated in the first quarter due to cargo theft and truck accident claim development. \n</p>\n<p>\n  The company plans to release its first-quarter results on April 29. \n</p>\n<p>\n  Shares fell 6.2% to $142.50 after the market closed Wednesday. \n</p>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2025 17:59 ET (21:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Landstar System Cuts 1Q EPS Guidance on Supply-Chain Fraud Investigation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLandstar System Cuts 1Q EPS Guidance on Supply-Chain Fraud Investigation\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-04-03 05:59</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Katherine Hamilton \n</p>\n<p>\n  Landstar System has identified significant supply-chain fraud which could affect outlook. \n</p>\n<p>\n  The freight company said Wednesday it believes the fraud may cut first-quarter earnings per share by 35 cents to 50 cents due to an impairment of trade accounts receivable recorded on its December balance sheet. \n</p>\n<p>\n  It now anticipates first-quarter earnings per share to be 90 cents to 95 cents. Landstar had previously guided for earnings per share of $1.05 to $1.25. Analysts polled by FactSet are forecasting $1.12 a share. \n</p>\n<p>\n  Landstar said it is investigating the fraud, which does not involve its core North American truckload services. \n</p>\n<p>\n  The company said it expects insurance and claims costs to be elevated in the first quarter due to cargo theft and truck accident claim development. \n</p>\n<p>\n  The company plans to release its first-quarter results on April 29. \n</p>\n<p>\n  Shares fell 6.2% to $142.50 after the market closed Wednesday. \n</p>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 02, 2025 17:59 ET (21:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LSTR","symbol_name":"萊帝運輸","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524421764","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524421764","pubTimestamp":1743631140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Landstar System has identified significant supply-chain fraud which could affect outlook.The freight company said Wednesday it believes the fraud may cut first-quarter earnings per share by 35 cents to 50 cents due to an impairment of trade accounts receivable recorded on its December balance sheet.It now anticipates first-quarter earnings per share to be 90 cents to 95 cents. Landstar had previously guided for earnings per share of $1.05 to $1.25. Analysts polled by FactSet are forecasting $1.12 a share.Landstar said it is investigating the fraud, which does not involve its core North American truckload services.The company said it expects insurance and claims costs to be elevated in the first quarter due to cargo theft and truck accident claim development.The company plans to release its first-quarter results on April 29.Shares fell 6.2% to $142.50 after the market closed Wednesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LSTR":"莱帝运输"},"translate_title":"Landstar System削减供应链欺诈调查第一季度每股收益指引","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LSTR":1},"content_text":"By Katherine Hamilton \n\n\n  Landstar System has identified significant supply-chain fraud which could affect outlook. \n\n\n  The freight company said Wednesday it believes the fraud may cut first-quarter earnings per share by 35 cents to 50 cents due to an impairment of trade accounts receivable recorded on its December balance sheet. \n\n\n  It now anticipates first-quarter earnings per share to be 90 cents to 95 cents. Landstar had previously guided for earnings per share of $1.05 to $1.25. Analysts polled by FactSet are forecasting $1.12 a share. \n\n\n  Landstar said it is investigating the fraud, which does not involve its core North American truckload services. \n\n\n  The company said it expects insurance and claims costs to be elevated in the first quarter due to cargo theft and truck accident claim development. \n\n\n  The company plans to release its first-quarter results on April 29. \n\n\n  Shares fell 6.2% to $142.50 after the market closed Wednesday. \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 02, 2025 17:59 ET (21:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}