Landstar Q2 Earnings and Revenues Top Estimates, Improve Year Over Year

EarningsCorporate Action
โดย Zacks Investment Research·Read original
Summary · why it matters

Landstar System reported second-quarter 2026 earnings and revenues that surpassed analyst expectations and improved from a year earlier. Quarterly earnings reached $1.44 per share, beating the Zacks Consensus Estimate of $1.42 by 1.4% and rising 20% from $1.20 a year ago. Revenues totaled $1.43 billion, exceeding the consensus mark of $1.32 billion by 8.3% and climbing 18.2% year over year, driven by higher truck rates and modest load growth. Truck transportation revenues, which represented 93% of total revenues, increased 19.3% to $1.33 billion, with truck revenue per load up 17%. The board also approved a 10% dividend hike to 44 cents per share, payable on September 9, 2026.

Impact on stocks 4

Industrials · 4 stocks
Landstar System Inc
LSTR
▲ PositiveCapitalrelevance

Q2 earnings and revenues beat estimates, improved YoY, and board approved 10% dividend hike