Landstar Q1 revenue slightly beats estimates EPS up 36%

Landstar System

28/04/2026 21:24

Overview

US freight logistics firm's Q1 revenue rose 2%, slightly beating analyst expectations

Q1 EPS increased 36% yr/yr, with prior year impacted by supply chain fraud

Company repurchased 150,923 shares for $22.6 mln during the quarter

Outlook

Landstar did not provide specific guidance or forecasts for the current or upcoming periods

Result Drivers

TRUCK REVENUE PER LOAD - Truck revenue per load increased about 6% yr/yr, offsetting a 2% decrease in loads hauled

RATE ENVIRONMENT - Co attributed improved results to a strengthening rate environment and increased BCO utilization, per CEO Frank Lonegro

VARIABLE CONTRIBUTION - Variable contribution rose 7% yr/yr, marking the first year-over-year increase since Q3 2022, per CEO Frank Lonegro

Company press release: ID:nGNX655DDh

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$1.17 bln
$1.16 bln (12 Analysts)
Q1 Dividends per common share
$0.40
Q1 Gross Profit
$113 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 14 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the ground freight & logistics peer group is "buy."

Wall Street's median 12-month price target for Landstar System Inc is $150.00, about 16.7% below its April 27 closing price of $180.13

The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 26 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)