$LSTR

Landstar System (NASDAQ: LSTR) reported Q3 adjusted EPS of $1.42, missing estimates by $0.25, while revenue rose 25% YoY to $1.51B. Shares fell 3.7% after hours due to higher insurance and claim costs. The company added 165 trucks and maintained a strong balance sheet, repurchasing shares and declaring a dividend.

LANDSTAR SYSTEM INC (LSTR) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 For Immediate Release October 27, 2026 LANDSTAR SYSTEM REPORTS THIRD QUARTER REVENUE OF $1.512B AND EARNINGS PER SHARE OF $1.42 Jacksonville, FL - Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported its financial results for the 2026 thi

Landstar (LSTR) reported Q3 EPS of $1.42, missing estimates by $0.25, with revenue at $1.51M, below the $1.5B consensus. Its stock is down 3.43% over 3 months but up 30.42% year-over-year. The company's Financial Health score is rated as 'fair performance' by InvestingPro.

Stifel maintained a Hold rating and $160 price target on TFI International (NYSE:TFII). The firm sees data centers as a multi-year growth opportunity for select transportation companies, estimating $5.3B in freight spending by 2026. Landstar and TFI's Daseke subsidiary are cited as primary beneficiaries. Landstar reported Q2 2026 revenue of $1.43B, beating estimates but missing on EPS.

Heartland Express (HTLD) reported the slowest revenue growth in its sector, with shares down 5.1% to $12.33. RXO (RXO) had the fastest revenue growth (25% YoY) and beat EPS estimates, but its stock fell 7.3% to $19.48. Werner (WERN) missed EPS estimates despite 24% revenue growth, with shares down 2.7% to $37.28. Old Dominion (ODFL) beat revenue and EPS estimates but saw a 20.4% drop to $180.07. Landstar (LSTR) reported 18.1% revenue growth and a 7% beat, with shares down 6.8% to $172.80.

Ground transportation stocks reported strong Q2 earnings, with revenues beating estimates by 1.7%. Saia (SAIA) reported $956.5M revenue, up 17.1% YoY, meeting expectations. RXO (RXO) outperformed with $1.77B revenue, up 25% YoY. Werner (WERN) missed EPS estimates despite 24% revenue growth. ArcBest (ARCB) and Landstar (LSTR) also reported mixed results. Stocks showed varied reactions post-earnings.

Lucky Strike Entertainment reported a 3.5% improvement in same-store sales, driven by retail bowling and food sales growth. California underperformed, leading to restructuring. The company reduced capital expenditure by 19% and issued conservative fiscal 2027 EBITDA guidance of $340M-$360M. Management plans to shed 10 properties and focus on higher-performing markets.

A US Supreme Court ruling in May has exposed freight brokers to lawsuits over carrier accidents, leading to a $604M damage award against CH Robinson Worldwide Inc. and others. Brokers are reducing carrier networks, insurance premiums are rising, and shares of CHRW, LSTR, and RXO have fallen. The ruling may increase freight costs and benefit larger brokers.

Landstar System said on its July 28 Q2 earnings call that it cut its approved motor carrier pool by about 35% over four years, from over 100,000 in Q2 2022 to just over 64,000 by end of Q2. The company attributed the reduction to tighter safety, security, and service vetting and said it has no plans to ease scrutiny.

A roundup of Tuesday Wall Street analyst actions included Deutsche Bank upgrading Palantir to Buy and keeping a $200 target, and Wells Fargo initiating APi Group at Overweight with a $53 target. Other calls covered CoreWeave, Micron, Walmart, Nike, Apple, and SK Hynix, with multiple price targets and rating changes ahead of earnings for some names.