JACKSONVILLE, Fla. (AP) _ Landstar System Inc. (LSTR) on Wednesday reported third-quarter earnings of $61.9 million.

On a per-share basis, the Jacksonville, Florida-based company said it had profit of $1.61.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.

The freight shipper and warehouser posted revenue of $1.09 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.05 billion.

Landstar expects full-year earnings in the range of $1.61 to $1.71 per share, with revenue in the range of $1.15 billion to $1.2 billion.

Landstar shares have climbed 12% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $127.29, a climb of 12% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LSTR at https://www.zacks.com/ap/LSTR

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