Landstar System Q4 Profit Up - Quick Facts

(RTTNews) - Landstar System Inc. (LSTR) Thursday reported fourth-quarter profit of $59.56 million or $1.30 per share, up from $33.98 million or $0.73 per share in the same period last year.

On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.63 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $691.98 million from $685.09 million last year. Analysts expected revenues of $669.72 million.

Looking ahead to the first quarter, the company has forecast earnings in the range of $0.56 to $0.61 per share, with revenues ranging between $640 million and $690 million. Analysts currently expect the company to report first-quarter earnings of $0.61 per share on revenues of $645.30 million.