Landstar System Reschedules Earnings Call Amid Fraud Probe

Landstar System ( (LSTR) ) has issued an announcement.

On April 25, 2025, Landstar System announced the rescheduling of its 2025 first quarter earnings release and conference call to May 13, 2025, due to an ongoing evaluation of accounting and internal control matters related to a supply chain fraud identified in its international freight forwarding operations. The company expects the financial impact of the fraud to not exceed $15 million in net income. Despite this, Landstar reported strong financial performance for the first quarter of 2025, with total revenue of $1.153 billion and earnings per share of $0.95, alongside a robust balance sheet with $473 million in cash and short-term investments.

Spark’s Take on LSTR Stock

According to Spark, TipRanks’ AI Analyst, LSTR is a Neutral.

Landstar System’s overall stock score reflects stable financial health and revenue growth in specific segments against the backdrop of declining core service demand and technical weakness. The company’s strong cash flow and balance sheet are significant strengths, while valuation concerns and bearish technical indicators weigh on the stock.

To see Spark’s full report on LSTR stock, click here.

More about Landstar System

Landstar System, Inc. is a technology-enabled, asset-light provider of integrated transportation management solutions, delivering specialized transportation services through a network of agents, third-party capacity providers, and employees. The company is headquartered in Jacksonville, Florida, and its common stock is traded on NASDAQ under the symbol LSTR.

YTD Price Performance: -17.43%

Average Trading Volume: 362,296

Technical Sentiment Signal: Buy

Current Market Cap: $4.89B

See more insights into LSTR stock on TipRanks’ Stock Analysis page.