Landstar Q4 revenue rises 0.4% to $1.209 billion; EPS falls to $1.31 from $1.62
Landstar System reported fourth-quarter 2024 revenue of $1.209 billion, up slightly from $1.204 billion a year earlier, its first year-over-year quarterly revenue growth since the third quarter of 2022. Earnings per share fell to $1.31 from $1.62, and the company said EPS came in below the midpoint of its prior guidance, mainly due to a lower variable contribution margin and higher insurance and claims costs. The company also gave first-quarter 2025 EPS guidance of $1.05 to $1.25 and declared a quarterly dividend of $0.36 per share.
Key points
- Q4 revenue of $1.209 billion vs. $1.204 billion in Q4 2023; truck revenue per load rose 3.1%, while loads hauled via truck fell 3.4%
- Q4 EPS of $1.31 vs. $1.62; operating income of $57.8 million vs. $74.6 million
- Insurance and claims costs were 6.7% of BCO revenue in Q4, versus a 4.7% average from fiscal 2019 through 2023
- 1Q 2025 guidance: EPS of $1.05 to $1.25 and consolidated revenue of $1.075 billion to $1.175 billion; quarterly dividend of $0.36 payable March 11, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.