Landstar System Inc (NAS:LSTR)
$ 175.08 -1.18 (-0.67%) Market Cap: 6.23 Bil Enterprise Value: 5.82 Bil PE Ratio: 30.23 PB Ratio: 6.13 GF Score: 85/100
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Landstar System Inc at Morgan Stanley Laguna Conference Transcript

Sep 12, 2019 / 03:10PM GMT
Release Date Price: $113.19 (-3.73%)
Ravi Shanker
Morgan Stanley, Research Division - Executive Director

Next up, we have Landstar System, and very happy to have CEO, Jim Gattoni, with us here. Jim, thanks so much for joining us.

James B. Gattoni
Landstar System, Inc. - President, CEO & Director

Sure.

Ravi Shanker
Morgan Stanley, Research Division - Executive Director

I know maybe if you want to open up by talking about the 8-K you guys put out yesterday and maybe some of the trends around 3Q?

James B. Gattoni
Landstar System, Inc. - President, CEO & Director

Yes, so those of you who don't know that about 4 o'clock yesterday afternoon, we filed an 8-K to basically give an update on what we're seeing in the quarter -- in the third quarter. And what we touched on is our revenue guidance and our EPS guidance that was originally provided in late July, and what we thought the third quarter would do. And we had put out numbers for revenue of $1.10 {sic) [$1.01] billion to $1.06 billion in revenue with

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