JACKSONVILLE, Fla. (AP) — JACKSONVILLE, Fla. (AP) — Landstar System Inc. (LSTR) on Wednesday reported profit of $23.9 million in its fourth quarter.
On a per-share basis, the Jacksonville, Florida-based company said it had net income of 70 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, were $1.24 per share.
The freight shipper and warehouser posted revenue of $1.17 billion in the period.
For the year, the company reported profit of $115 million, or $3.31 per share. Revenue was reported as $4.74 billion.
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