Here's What Key Metrics Tell Us About Landstar (LSTR) Q4 Earnings

Core Insights - Landstar System (LSTR) reported revenue of $1.21 billion for the quarter ended December 2024, reflecting a year-over-year increase of 0.4% and a surprise of +0.94% over the Zacks Consensus Estimate of $1.2 billion [1] - The earnings per share (EPS) for the quarter was $1.31, down from $1.62 in the same quarter last year, with an EPS surprise of -3.68% compared to the consensus estimate of $1.36 [1] Revenue and Performance Metrics - Revenue per load for Ocean and air cargo carriers was $10,598, exceeding the average estimate of $8,145.05 [4] - Revenue per load for Rail Intermodal was $2,801, slightly below the average estimate of $2,955 [4] - Total number of loads was 491,410, which was lower than the estimated 501,434 [4] - Truck Transportation loads totaled 476,540, compared to the average estimate of 486,345 [4] - Investment income increased by 17% year-over-year to $3.82 million, surpassing the average estimate of $2.85 million [4] Revenue Breakdown - Revenue from Other sources was $22 million, below the average estimate of $28.26 million, representing a year-over-year decline of 28.4% [4] - Rail Intermodal revenue was $18.35 million, compared to the average estimate of $21.58 million, reflecting a decrease of 24.6% year-over-year [4] - Truck Transportation revenue was $1.08 billion, slightly below the average estimate of $1.09 billion, indicating a year-over-year change of -0.4% [4] - Revenue from Ocean and air cargo carriers was $88.17 million, significantly higher than the estimated $65.60 million, marking a year-over-year increase of 37.2% [4] - Other Truck Transportation revenue was $100.40 million, exceeding the average estimate of $86.70 million, with a year-over-year change of +0.7% [4] - Less-than-truckload revenue was $21.93 million, below the average estimate of $24.68 million, representing a decline of 18.5% year-over-year [4] Stock Performance - Landstar shares have returned +2.4% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance in the near term [3]