Landstar System Inc. (LSTR) announced a profit for its second quarter that climbed from last year.
RTTNews | Jul 21, 2021 05:55PM EDT
17:55 Wednesday, July 21, 2021 (RTTNews.com) - Landstar System Inc. (LSTR) announced a profit for its second quarter that climbed from last year.
The company's profit came in at $92.3 million, or $2.40 per share. This compares with $24.3 million, or $0.63 per share, in last year's second quarter.
Analysts had expected the company to earn $2.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 90.5% to $1.57 billion from $824 million last year.
Landstar System Inc. earnings at a glance:
-Earnings (Q2): $92.3 Mln. vs. $24.3 Mln. last year.-EPS (Q2): $2.40 vs. $0.63 last year.-Analysts Estimate: $2.31-Revenue (Q2): $1.57 Bln vs. $824 Mln last year.
-Guidance:Next quarter EPS guidance: $2.20-$2.30Next quarter revenue guidance: $1.55-$1.60 Bln
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