Landstar raises Q2 outlook; volumes, pricing outperform

Landstar raises guidance

Freight broker Landstar System (NASDAQ: LSTR) lifted second-quarter guidance ahead of an appearance at an investor conference on Tuesday. The company now expects revenue and earnings per share to be “slightly above” the high end of its previous guidance ranges of $1.4 billion to $1.45 billion and $2.20 to $2.30, respectively.

The Jacksonville, Florida-based company is calling for truckload volumes to increase by a low-double-digit percentage from the first quarter with revenue per load...

https://www.freightwaves.com/news/landstar-raises-q2-outlook-volumes-pricing-outperform

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