Landstar Beats Recently Raised Guidance Truck broker Landstar System Inc. (NASDAQ: LSTR ) experienced quite the turnaround during the third quarter, reporting earnings per share (EPS) of $1.61, 19 cents higher than the consensus estimate and 26 cents higher year-over-year. The Jacksonville, Florida-based company's original guidance called for loads and revenue per load to decline in the mid-single-digit range year-over-year, but by the close of July they were only off 1% and 2%, respectively. By the first week of August, both metrics had turned positive compared to 2019. "Landstar entered the third quarter of 2020 facing one of the most unpredictable and challenging freight environments in the Company's history," President and CEO Jim Gattoni stated in the Wednesday afternoon press release. Landstar raised earnings expectations in early September , calling for low-single-digit increases in truck volumes and revenue per load with corresponding EPS of $1.40 to $1.46, well … Full story available on Benzinga.com