Landstar System Q4 Profit Decreases - Quick Facts

Landstar System Inc. (LSTR) reported that its fourth-quarter net income attributable to the company and subsidiary decreased to $18.57 million or $0.37 per share from $24.61 million or $0.47 per share last year.

On average, 19 analysts polled by Thomson Reuters expected the company to report profit of $0.41 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue decreased to $547.72 million from $603.84 million a year ago. Analysts expected revenue of $523.47 million for the quarter.

by RTTNews Staff Writer

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