Brief: Landstar System Reports Third Quarter Revenue Of $1.82 Bln

Landstar System

19/10/2022 21:46

Oct 19 (Reuters) - Landstar System Inc  LSTR.O :
    * LANDSTAR SYSTEM REPORTS RECORD THIRD QUARTER REVENUE OF
$1.816B
AND RECORD THIRD QUARTER DILUTED EARNINGS PER SHARE OF $2.76
    * FY ANNUAL REVENUE EXPECTED TO BE IN EXCESS OF $7.5 BILLION
AND
DEPS EXPECTED TO BE IN EXCESS OF $11.75
    * ANTICIPATE REVENUE FOR 2022 Q4 TO BE IN A RANGE OF $1.775
BILLION TO $1.825 BILLION
    * EXPECT NUMBER OF LOADS HAULED VIA TRUCK IN Q4 TO DECREASE
COMPARED TO 2021 Q4 BY 2 TO 4 PERCENT
    * EXPECT TRUCK REVENUE PER LOAD TO UNDERPERFORM HISTORICAL
Q4
TRENDS IN  Q4, AND TO BE BELOW 2021 Q4 BY 5 TO 7 PERCENT.
    * Q3 EARNINGS PER SHARE VIEW $2.76, REVENUE VIEW $1.80
BILLION --
REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $11.72, REVENUE VIEW $7.48
BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXbqdTgq 
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