Landstar Q2 2021: record revenue $1.571B, diluted EPS $2.40, dividend +19%

LANDSTAR SYSTEM INC

2021-Q2 EPS reported $4.41 revenue$2,858,252,000

Revenue $1.571B (prior $824M); net income $92.3M vs $24.3M; diluted EPS $2.40.
Truck trans. revenue $1.444B; van loads +43% YoY, platform loads +35% YoY.
Quarterly dividend raised 19% to $0.25/share; largest increase in history.
Q3 guidance: revenue $1.55B-$1.60B, diluted EPS $2.20-$2.30.
Repurchased 150K shares ($23.8M); 1.67M shares remaining under buyback.

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