Landstar Posts $1.42 Q3 EPS as Freight Recovery Faces Margin Test
LSTR sits 39% above its 52-week low of $121.115.
Summary
Landstar reported third-quarter EPS of $1.42, essentially flat versus the $1.44 booked in Q2 2026, when revenue jumped 18% to $1.43 billion. Third-quarter revenue was $1.51B and net income was $48M. For a roughly $5.7 billion truckload broker, the key question is whether the Q2 revenue surge carried into Q3 and whether self-insured claims costs and the subsidiary wind-down charge that dented Q2 results persisted. Full release details and any guidance will determine whether this is a clean quarter or another margin-constrained one.
At the time of this announcement, LSTR was trading at $168.78 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $5.7B. The 52-week trading range was $121.12 to $228.46. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.