Landstar System (LSTR)
NASDAQ:LSTR
Want to see LSTR full AI Analyst Report?
Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.47Last Year’s EPS
1.2Same Quarter Last Year
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple clear operational and financial improvements (gross profit and margin expansion, variable contribution growth, large heavy-haul strength, meaningful EPS improvement, improved insurance claim trends, healthy cash balances and active capital returns). Management also highlighted strategic investments in AI and technology with early pilot benefits and improving BCO metrics and utilization. Headwinds included modest overall load volume declines, softness in several commodity categories, decreases in non‑truck revenue (ocean), higher specific operating costs, and external risks (geopolitical, tariffs, and regulatory uncertainty). Management framed many of the negative items as either transitory (prior-year pull-forward) or intentional (carrier vetting) and reiterated confidence in positioning and discretionary capital allocation. On balance, the positive operational momentum, margin expansion and balance-sheet strength outweigh the lowlights.Company Guidance
Modest Revenue Growth
Total revenue increased approximately 2% year-over-year in 2026 Q1 versus 2025 Q1, supported by stronger pricing and segment mix.
Strong Gross Profit and Margin Expansion
Gross profit rose to $112.5 million from $98.3 million (+~14.4% YoY). Gross profit margin expanded to 9.6% of revenue from 8.5% (+110 basis points).
Variable Contribution and EPS Improvement
Variable contribution dollars increased to $172.2 million from $161.3 million (+~6.7% YoY). Basic and diluted earnings per share increased approximately 36% year-over-year (partly benefiting from a prior-year charge).
Heavy Haul Outperformance
Heavy hauled revenue was approximately $134 million in 2026 Q1, up 18% YoY. Heavy haul loadings rose ~6% and revenue per heavy haul load increased ~12% YoY, materially contributing to platform revenue growth.
Improving Truck Pricing
Overall truck revenue per load increased ~5.6% YoY (management also cited ~6% in press materials). Sequentially truck revenue per load rose 0.2% vs. 2025 Q4 (an atypical first-quarter sequential increase vs historical seasonality). Preliminary April data showed truck revenue per load ~13% above April 2025 while April loadings were essentially flat vs April 2025.
Lower Insurance & Claims Expense
Insurance and claims costs decreased to $35.6 million from $39.9 million (-~10.8% YoY). Insurance and claims as a percent of BCO revenue improved to 7.5% vs 9.3% in 2025 Q1 (approx -180 basis points), driven by lower prior-year adverse development and reduced cargo claim frequency/severity.
Strong Balance Sheet and Capital Returns
Cash and short-term investments of $411 million; operating cash flow of $78 million; capital expenditures $6 million in the quarter. Company returned ~$104 million to shareholders in Q1 (≈$82M dividends and ≈$22M share repurchases) and declared a regular quarterly dividend of $0.40 per share.
BCO / Network Health Improving
BCO truck count decline was modest (~2% YoY; -38 trucks in Q1) and markedly better than prior-year first quarter trends. Trailing 12-month BCO turnover improved from 31.4% to 29.5% (≈-190 bps). BCO utilization increased ~10% YoY; gross truck adds up 2.7% sequentially and gross cancels down 23.5% YoY — indicating improving BCO engagement and retention.
AI and Technology Progress
Multiple AI pilots (agent- and corporate-focused) are live or in advanced testing across quoting, carrier negotiations, dispatch, tracking, appointment scheduling and bid optimization. Management reported early pilots deliver meaningful time savings, higher shipment lifecycle throughput and improved visibility. Significant IT/AI capital allocation underway to modernize ERP, fraud detection and analytics.
Safety Metrics and Differentiation
Reported DOT reportable accident frequency of 0.64 per million miles (management noted this is well below the most recent available national average), which management positions as a competitive safety advantage that supports customer wins and pricing.
LSTR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LSTR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $182.41 | $184.59 | +1.20% |
Jan 21, 2026 | $156.62 | $157.40 | +0.50% |
Oct 28, 2025 | $126.93 | $122.11 | -3.79% |
Jul 29, 2025 | $134.85 | $130.40 | -3.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Landstar System (LSTR) report earnings?
Landstar System (LSTR) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Landstar System (LSTR) earnings time?
Landstar System (LSTR) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LSTR EPS forecast?
LSTR EPS forecast for the fiscal quarter 2026 (Q2) is 1.47.