Landstar Lowers First-Quarter Profit Outlook
Landstar System Inc. lowered its first-quarter earnings outlook by as much as 5 cents per share due to higher than expected insurance costs and lower than forecast revenue.
March 30, 2016Landstar Appoints New Chairman, Sets Stock Buyback
Landstar System said May 22 that Diana Murphy has been named nonexecutive chairman of the board, effective May 19, and that it raised to 3 million the amount of its stock shares it intends to purchase.
May 22, 2015Landstar Reports Record 3Q Profit
Landstar System said its third-quarter profit climbed 25.7% to a record high, driven by “very strong” demand for trucking services.
October 23, 2014Landstar Appoints New CEO
Landstar System Inc.’s board of directors has appointed James Gattoni as CEO, succeeding Henry Gerkens, who will continue to serve as executive chairman until May 2015.
October 1, 2014Landstar’s Second Quarter Income Rises
Landstar System reported its second-quarter net income rose to $35.9 million, or 80 cents per share, from $30.4 million, or 66 cents, a year ago.
July 23, 2014Landstar’s 1Q Income Rises to $27.6 Million
Landstar System reported its first-quarter net income rose to $27.6 million, or 61 cents per share, from $26.7 million, or 57 cents, a year ago.
April 24, 2014Landstar’s Third-Quarter Profit Slips from Year Ago
Landstar System said Oct. 24 its third-quarter earnings slipped from a year ago as “the U.S. economy continues to experience very slow growth.”
October 24, 2013Landstar’s 2Q Profit Slips from Year Ago
Landstar System said Thursday its second-quarter earnings slipped from a year ago but that the first few weeks of the third quarter have shown improvement.
July 25, 2013Landstar Lowers 2Q Earnings Forecast
Landstar System said it expects its second-quarter profit to be between 63 and 68 cents per share, 5 cents below its earlier forecast.
May 29, 2013Landstar’s Profit Matches Year-Ago Level
Truckload carrier Landstar System said Thursday its first-quarter net earnings matched its profit from the same period last year, which was a first-quarter record for earnings per share.
April 25, 2013