Quarterly ResultApr 29, 2026, 03:14 PM
LSTR Q1 Revenue +1.6% to $1.17B; Net Income +32.3%; EPS $1.16
AI Summary
LANDSTAR SYSTEM INC reported a 1.6% increase in revenue to $1.17 billion for the thirteen weeks ended March 28, 2026, compared to the prior year. Net income surged by 32.3% to $39.4 million, with diluted earnings per share rising to $1.16. The company also increased its dividend to $0.40 per share and continued share repurchases.
Key Highlights
- Revenue increased 1.6% to $1.17 billion for the thirteen weeks ended March 28, 2026.
- Net income rose 32.3% to $39.4 million.
- Diluted earnings per share grew 36.5% to $1.16.
- Operating income increased 35.1% to $53.2 million.
- Transportation Logistics external revenue was $1.16 billion, up 1.7%.
- Insurance external revenue was $14.3 million, down 3.2%.
- Dividends per common share increased 11.1% to $0.40.
- Purchased $22.4 million of common stock during the period.
Price Impact
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