Landstar System Q2 Earnings, Revenue Rise

MT Newswires Live

07/29

Landstar System (LSTR) reported fiscal Q2 earnings late Tuesday of $1.44 per diluted share, up from $1.20 a year earlier.

Analysts polled by FactSet expected $1.49.

Revenue for the quarter ended June 27 rose to $1.43 billion from $1.21 billion a year earlier.

Analysts expected $1.34 billion.

The company declared a quarterly dividend of $0.44 per share payable on Sept. 9, to stockholders of record Aug. 18.

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