JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Landstar System Inc. (LSTR) on Tuesday reported second-quarter profit of $41.9 million.
The Jacksonville, Florida-based company said it had net income of $1.20 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.16 per share.
The freight shipper and warehouser posted revenue of $1.21 billion in the period, which matched Street forecasts.
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