JACKSONVILLE, Fla., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), announced today it will release its 2024 fourth quarter results after the market closes on Wednesday, January 29, 2025, and will then hold its quarterly conference call with analysts and investors at 4:30 p.m. ET that evening to discuss the fourth quarter results and current outlook. To access the webcast, visit investor.landstar.com; click on "Webcasts"; and then "Landstar's Fourth Quarter 2024 Earnings Release Confe ...

In a shareholder-friendly move, Landstar System, Inc. (LSTR) announced a special one-time cash dividend of $2.00 per share. This special dividend will be paid on Jan. 21, 2025, to all its shareholders of record as of business on Jan. 7.Landstar president and chief executive officer, Frank Lonegro stated, “Landstar’s strong balance sheet and free cash flow generation enable us to continue to return value to our stockholders.”Landstar purchased 452,019 shares for approximately $82.1 million during the first 1 ...

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Landstar System, Inc. (LSTR) ) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Let’s delve deeper.Southward Earnings Estimate Revision:The Zacks Consensus Estimate for third-quarter 2024 earnings has been revised 15.6% downward over the past 90 days. For 2024, the consensus mark for earnings has moved 4.4% south in the same time frame. The bearish alterations in estimate revisions underscore a notable decline in brokers' confidence in the stock.Wea ...

Landstar System, Inc. (LSTR) reported disappointing third-quarter 2024 results wherein both earnings and revenues lagged the Zacks Consensus Estimate. Quarterly earnings per share (EPS) of $1.41 missed the Zacks Consensus Estimate of $1.46 and fell 17.5% year over year. The reported figure quarter lies within the guided range of $1.35-$1.55. Find the latest EPS estimates and surprises on ZacksEarnings Calendar. Revenues of $1.21 billion lagged the Zacks Consensus Estimate of $1.22 billion and declined 5.8% ...

Landstar System, Inc. (NASDAQ:LSTR) Q3 2024 Earnings Conference Call October 29, 2024 4:30 PM ET Company Participants Frank Lonegro - President, Chief Executive Officer Jim Todd - Vice President, Chief Financial Officer Joe Beacom - Vice President, Chief Safety and Operations Officer Jim Applegate - Vice President, Chief Corporate Sales, Strategy and Specialized Freight Officer Matt Dannegger - Vice President and Chief Field Sales Officer Conference Call Participants Brian Ossenbeck - JP Morgan Tom Ridgw ...

Landstar System (LSTR) came out with quarterly earnings of $1.41 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.43%. A quarter ago, it was expected that this freight shipper and warehouser would post earnings of $1.46 per share when it actually produced earnings of $1.48, delivering a surprise of 1.37%. Over the last fou ...

Landstar System, Inc. 3Q 2024 Earnings Conference Call Date 2 3Q 2024 Forward-Looking Statements Disclaimer The following is a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995. Statements made in this slide presentation that are not based on historical facts are "forward-looking statements." This presentation may make certain statements containing forward-looking statements, such as statements which relate to Landstar's business objectives, plans, strategies and expectation ...

Exhibit 99.1 Landstor System, Inc. 13410 Sutton Park Drive, Sostem, Inc. 13410 Sutton Park Brive, Soster 1341 For Immediate Release October 29, 2024 LANDSTAR SYSTEM REPORTS THIRD QUARTER REVENUE OF $1.214B AND EARNINGS PER SHARE OF $1.41 Jacksonville, FL—Landstar System, Inc. (NASDAQ: LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.41 in the 2024 third quarter on revenue of $1.214 billion. "Consistent with the first half of 2024, the freight environment ...

JACKSONVILLE, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) ("Landstar" or the "Company") today reported basic and diluted earnings per share ("EPS") of $1.41 in the 2024 third quarter on revenue of $1.214 billion. "Consistent with the first half of 2024, the freight environment during the third quarter remained challenging. The Landstar team of independent business owners and employees continued to perform admirably given this backdrop," said Landstar President and Chief Exec ...