Landstar System Inc
LSTR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^?f | LOCK|V& | LOCK|j<J<HPQ |
Landstar Earnings: Margins Disappoint but Have Probably Bottomed
Landstar System’s fourth-quarter gross revenue rose 0.5% year over year as an encouraging uptick in pricing (revenue per load) was mostly offset by lower dry van volume. Net revenue fell 5%, however, on gross margin (net revenue/gross revenue) deterioration from rising spot rates paid for capacity.
