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Landstar reports Q3 revenue up 25% to $1.512B and EPS up 154% to $1.42 despite higher insurance costs.

Company Fundamentals
27 Oct 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Landstar reports Q3 revenue up 25% to $1.512B and EPS up 154% to $1.42 despite higher insurance costs.

Landstar System reported a 25% increase in third-quarter 2026 revenue to $1.512 billion and a 154% rise in earnings per share to $1.42 compared to the same period last year. The growth was driven by a 29% increase in truck revenue and higher revenue per load, although earnings were impacted by elevated insurance and claim costs totaling $55.3 million. The company also added 165 Business Capacity Owner trucks, improving safety metrics despite industry challenges. Landstar continues to return capital to shareholders through share repurchases and dividends, with a strong balance sheet and plans to maintain quarterly dividends.

Landstar System's third-quarter 2026 results showed revenue of $1.512 billion and earnings per share of $1.42. For readers following the Industrials sector, here is Pluang's market snapshot as of Oct 28, 2026 03:12 WIB: 84 of 135 priced US Industrials stocks rose while 51 fell. Notable movers include Archer Aviation Inc (ACHR) at USD 4.25 with a 7.87% increase and 100% buy order activity on Pluang.

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