Landstar System (NASDAQ:LSTR) Issues Quarterly Earnings Results, Misses Expectations By $0.56 EPS

Market Beat
2026.01.28 21:33
portai
I'm PortAI, I can summarize articles.

Landstar System (NASDAQ:LSTR) reported quarterly earnings of $0.70 per share, missing analysts' expectations of $1.26 by $0.56. The company had revenue of $1.18 billion, slightly below the consensus estimate of $1.19 billion. Despite the earnings miss, shares rose 1.2% to $153.51. The company also announced a dividend of $2.00 per share. Institutional investors have increased their stakes in Landstar, with 97.95% of shares owned by such entities. Analysts have mixed ratings on the stock, with an average rating of "Hold" and a target price of $153.00.