Freight broker Landstar System (NASDAQ: LSTR) reported record quarterly revenue and net income for the 2021 second quarter Wednesday after the market close.
The Jacksonville, Florida-based company posted $2.40 per share, exceeding its recently raised guidance, which called for earnings to be “slightly above” an initial range of $2.20 to $2.30 per share.
Total revenue increased 90.7% year-over-year to $1.57 billion. The company recently abandoned comparisons to 2020 given the decimating impact...
https://www.freightwaves.com/news/landstar-rolls-through-q2-ahead-of-raised-expectations