earnings
confidence high
sentiment negative
materiality 0.75
Landstar prelim Q4 revenue $1,174M, EPS $0.70 vs $1.31; insurance costs surge
LANDSTAR SYSTEM INC
2025-FY EPS reported
$3.31
revenue$4,743,760,000
- Total revenue $1,174M (down 3% YoY); basic/diluted EPS $0.70 vs $1.31 in Q4 2024.
- Operating income expected at $30M; insurance & claims costs $56M including $22M discrete items.
- $11M charge from two tragic vehicular accidents; $5.7M charge from adverse Cabral judgment (100% liability).
- Actuarial reserves increased $5.3M due to higher claims exposure over $1M; $2.1M impairment on Landstar Metro sale.
- Truck revenue per load up ~1%, loads hauled down ~1% YoY; van loadings decreased, unsided/platform increased.