Earnings ·
Reports Q3 revenue of $1.51B and EPS of $1.42; declares quarterly dividend of $0.44 per share
LSTRLandstar System Inc
Landstar System reported third-quarter fiscal 2026 revenue of $1.51 billion, a 25% increase from the prior-year period, driven by a 29% rise in truck transportation revenue to $1.41 billion. Earnings per share reached $1.42, up 154% year-over-year, though results were negatively impacted by $55.3 million in elevated insurance and claim costs compared to $33.0 million in the prior quarter. The company also announced a quarterly cash dividend of $0.44 per share, payable on December 8, 2026, to shareholders of record as of November 17, 2026. Landstar System is a technology-enabled provider of freight transportation and logistics solutions operating through a network of independent agents and capacity providers.