Landstar Systems met Q3 revenue estimates

Landstar System

28/10/2025 20:22

Overview

Landstar Q3 2025 revenue declined, came largely in-line with analyst expectations

Adjusted EPS for Q3 2025 was $1.22, excluding non-cash impairment charges

Company repurchased 308,709 shares for $40.6 mln in Q3 2025

Outlook

Company focuses on unsided/platform equipment and BCO truck count for future growth

Landstar conducts strategic review to streamline operations for future growth

Company did not provide specific financial guidance for future periods

Result Drivers

UNSIDED/PLATFORM EQUIPMENT - Strong performance in services hauled by unsided/platform equipment contributed positively to results

BCO TRUCK COUNT - Achieved sequential growth in BCO truck count for the first time since Q1 2022

NON-CASH IMPAIRMENT CHARGES - Strategic review led to impairment charges impacting EPS, including sale of Mexican subsidiary and system changes

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Meet
$1.20 bln
$1.20 bln (13 Analysts)
Q3 Dividend
$0.40
Q3 Gross Profit
$111 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 16 "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 $134.00, about 3.3% above its October 27 closing price of $129.57

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nGNXb26V0p

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(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.)