---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-020984"
form_type: "8-K"
ticker: "LSTR"
cik: "0000853816"
company_name: "LANDSTAR SYSTEM INC"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:24:43.065683+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Landstar Q4 2023 EPS $1.62 on revenue $1.204B; Q1 guidance points to further declines

## Summary
- Q4 2023 EPS $1.62 vs $2.60 in prior-year 14-week quarter; revenue $1.204B vs $1.675B.
- Truck loads hauled down 22% YoY; truck revenue per load down 10% YoY.
- Gross profit $124.6M, variable contribution $178.1M, both significantly lower YoY.
- Q1 2024 guidance: revenue $1.10B-$1.15B, EPS $1.25-$1.35, citing continued soft demand.
- Quarterly dividend declared $0.33 per share, payable March 8, 2024.

## SEC filing metadata
- accession: 0001193125-24-020984
- form_type: 8-K
- ticker: LSTR
- cik: 0000853816
- company_name: LANDSTAR SYSTEM INC
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/853816/000119312524020984/0001193125-24-020984-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/853816/000119312524020984/d755514d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-020984
- JSON: https://secwatch.observer/filing/0001193125-24-020984.json
- Plain text: https://secwatch.observer/filing/0001193125-24-020984.txt

## Key facts
- Earnings Releases
  LANDSTAR SYSTEM INC reported the 2023 thirteen-week fourth quarter results: revenue $1.204 billion, EPS $1.62.
  - Period: the 2023 thirteen-week fourth quarter
  - Revenue: $1.204 billion
  - EPS: $1.62
  - Result: reported results
  source text: Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) reported basic and diluted earnings per share (“EPS”) of $1.62 in the 2023 thirteen-week fourth quarter on revenue of $1.204 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/853816/000119312524020984/0001193125-24-020984-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.