Landstar System (LSTR Quick QuoteLSTR ) provided a bullish outlook for the September quarter, driven by better-than-expected truckload volumes.
We remind investors that only last month, this Jacksonville, FL-based company predicted third-quarter 2021 revenues in the range of $1.55-$1.60 billion. Earnings per share were estimated in the band of $2.20-$2.30 at that time.
However, favorable market conditions led to upbeat trends through the first seven weeks of the September quarter with respect to the number of loads and revenue per load on loads hauled via truck. Currently,....More>>>