Landstar System Inc

LSTR: XNAS (USA)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
T^hLOCK|P?LOCK|N!g!?ZG@

Landstar Earnings: Margins Disappoint but Have Probably Bottomed

Landstar System’s fourth-quarter gross revenue rose 0.5% year over year as an encouraging uptick in pricing (revenue per load) was mostly offset by lower dry van volume. Net revenue fell 5%, however, on gross margin (net revenue/gross revenue) deterioration from rising spot rates paid for capacity.

Sponsor Center