Brief: Landstar System Reports All-Time Quarterly Record Diluted Earnings Per Share Of $3.34 In Q1

Landstar System

20/04/2022 22:49

April 20 (Reuters) - Landstar System Inc  LSTR.O :
    * LANDSTAR SYSTEM REPORTS ALL-TIME QUARTERLY RECORD DILUTED
EARNINGS PER SHARE OF $3.34 IN THE 2022 FIRST QUARTER
    * Q1 EARNINGS PER SHARE $3.34
    * Q1 REVENUE ROSE 53 PERCENT TO $1.971 BILLION
    * ANTICIPATE REVENUE FOR THE 2022 SECOND QUARTER TO BE IN A
RANGE
OF $2.0 BILLION TO $2.05 BILLION
    * LANDSTAR SYSTEM- EXPECT REVENUE PER LOAD ON LOADS HAULED
VIA
TRUCK IN Q2 2022 TO BE IN A MID-TEEN PERCENTAGE RANGE ABOVE THE
2021 SECOND QUARTER
    * FOR THE 2022 SECOND QUARTER, CO ANTICIPATES DEPS TO BE IN
A
RANGE OF $3.22 TO $3.32
    * Q1 EARNINGS PER SHARE VIEW $3.05 -- REFINITIV IBES DATA
    * Q1 REVENUE VIEW $1.83 BILLION -- REFINITIV IBES DATA
    * LANDSTAR SYSTEM- EXPECT NUMBER OF LOADS HAULED VIA TRUCK
TO
INCREASE OVER THE 2021 SECOND QUARTER IN A RANGE OF 11 PERCENT
TO 13 PERCENT
    * Q2 EARNINGS PER SHARE VIEW $2.78, REVENUE VIEW $1.80
BILLION --
REFINITIV IBES DATA
    * BOARD HAS DECLARED A QUARTERLY DIVIDEND OF $0.25 PER SHARE
PAYABLE ON MAY 27, 2022

Source text for Eikon:  ID:nGNX7ddY6q 
Further company coverage:  LSTR.O 

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