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Landstar Lowers First-Quarter Profit Outlook

2016-03-30 18:50:39| Trucking - Topix.net

Landstar System Inc. lowered its first-quarter earnings outlook by as much as 5 cents per share due to higher than expected insurance costs and lower than forecast revenue. The Jacksonville, Florida-based carrier's Securities and Exchange Commission filing said earnings would be in a range of 66 cents to 70 cents per share, down from its previous outlook of 70 cents to 75 cents per share.

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