The earnings call presented a mixed outlook for Landstar. While there were notable achievements in heavy haul revenue growth and truck revenue per load improvements, challenges remain with overall revenue decline, non-truck transportation setbacks, and increased insurance costs. The company's strong cash position and shareholder returns were positive, but headwinds such as political and macroeconomic uncertainties, and flat BCO truck count continue to pose challenges.

Company Guidance

During the Landstar System, Inc. 2025 second quarter earnings call, several key metrics were highlighted. Truck revenue increased for the first time since the third quarter of 2022, with a year-over-year rise of 2.6% in truck revenue per load. The heavy haul segment saw a 9% revenue increase compared to the second quarter of 2024, driven by a 5% rise in revenue per load and a 4% increase in volume. Despite a 1% year-over-year decrease in overall revenue, the number of trucks provided by BCOs remained stable compared to the first quarter of 2025, marking the best sequential net BCO truck performance in 12 quarters. Additionally, Landstar's accident frequency rate was reported as 0.67 DOT reportable accidents per million miles, below the national average. The company also executed $103 million in capital buybacks and repurchased approximately 686,000 shares of common stock in the first half of 2025.

Heavy Haul Service Revenue Increase

Landstar's heavy haul service offering generated approximately $138 million in revenue during the 2025 second quarter, marking a 9% increase over the 2024 second quarter.

Truck Revenue Per Load Improvement

Truck revenue per load increased 2.6% in the 2025 second quarter compared to the 2024 second quarter, with a 3.2% increase in revenue per load on unsided platform equipment.

Strong Cash Position and Shareholder Returns

Landstar ended the quarter with $426 million in cash and short-term investments and returned $97 million in dividends and approximately $102 million in share repurchases during the 2025 first half.

Improved BCO Turnover Rate

The trailing 12-month truck turnover rate dropped from 34.5% as of fiscal year-end 2024 to 31.9% at the end of the 2025 second quarter.

Landstar System (LSTR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LSTR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	1.26 / -	1.41	―	―	―
Jul 29, 2025	2025 (Q2)	1.18 / 1.20	1.48	-18.92% (-0.28)
May 13, 2025	2025 (Q1)	0.93 / 0.95	1.32	-28.03% (-0.37)
Jan 29, 2025	2024 (Q4)	1.34 / 1.31	1.62	-19.14% (-0.31)
Oct 29, 2024	2024 (Q3)	1.45 / 1.41	1.71	-17.54% (-0.30)
Jul 30, 2024	2024 (Q2)	1.45 / 1.48	1.85	-20.00% (-0.37)
Apr 24, 2024	2024 (Q1)	1.28 / 1.32	2.17	-39.17% (-0.85)
Jan 31, 2024	2023 (Q4)	1.62 / 1.62	2.6	-37.69% (-0.98)
Oct 25, 2023	2023 (Q3)	1.71 / 1.71	2.76	-38.04% (-1.05)
Jul 26, 2023	2023 (Q2)	1.81 / 1.85	3.05	-39.34% (-1.20)

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
Jul 29, 2025	$137.49	$132.96	-3.29%
May 13, 2025	$142.96	$139.38	-2.50%
Jan 29, 2025	$171.51	$165.58	-3.46%
Oct 29, 2024	$176.64	$173.22	-1.94%

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 Inc (LSTR) report earnings?

Landstar System Inc (LSTR) is schdueled to report earning on Oct 28, 2025, After Close (Confirmed).

What is Landstar System Inc (LSTR) earnings time?

Landstar System Inc (LSTR) earnings time is at Oct 28, 2025, 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 2025 (Q3) is 1.26.

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