Landstar System, Inc. Provides Earnings Guidance for the Fourth Quarter and Year 2022
October 19, 2022 at 04:15 pm EDT
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Landstar System, Inc. provided earnings guidance for the fourth quarter and year 2022. For the quarter, the company expects DEPS to be in a range of $2.60 to $2.70.
For the year, the company expects annual revenue expected to be in excess of $7.5 billion and DEPS expected to be in excess of $11.75.
Landstar System, Inc. is a technology-enabled, asset-light provider of integrated transportation management solutions delivering specialized transportation services to a range of customers utilizing a network of agents, third-party capacity providers and employees. The Company operates through two segments. Transportation logistics segment provides a range of integrated transportation management solutions. Transportation services offered by the Company include truckload, less-than-truckload and other truck transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, United States-Canada and United States-Mexico cross-border, intra-Mexico, intra-Canada, project cargo and customs brokerage. Insurance segment consists of Signature Insurance Company and Risk Management Claim Services, Inc. The insurance segment provides risk and claims management services to certain of Landstars Operating Subsidiaries.
LANDSTAR SYSTEM, INC. 
