Freight delivery company Landstar (NASDAQ:LSTR) met Wall Street’s revenue expectations in Q3 CY2025, but sales fell by 1% year on year to $1.21 billion. Its non-GAAP profit of $1.22 per share was in line with analysts’ consensus estimates. Landstar President and CEO Frank Lonegro acknowledged challenges in the truck transportation industry. Looking ahead, analysts expect revenue to grow by 5.1% over the next 12 months, below average for the sector. Landstar’s operating margin was 2.2% this quarter, down from 5.2% last year. Earnings per share for Q3 were $1.22, a decrease from $1.41 in the same quarter last year.

Read more at Barchart: Landstar (NASDAQ:LSTR) Reports Q3 In Line With Expectations