FILING ANALYSIS · TUESDAY, OCTOBER 27
LANDSTAR SYSTEM INC LSTR — 8-K: Results of Operations and Financial Condition
positive
Landstar System reported a 25% increase in revenue and a 154% increase in earnings per share for the third quarter, driven by a strong freight transportation market, but was negatively impacted by elevated insurance and claim costs. The company's EPS of $1.42 beat the prior year's EPS of $0.56, which was impacted by non-cash impairment charges.
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