Landstar System (Nasdaq: LSTR) reported earnings on Oct. 25. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 29 (Q3), Landstar System met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share grew.

Gross margins shrank, operating margins increased, net margins grew.

Revenue details
 Landstar System reported revenue of $717.2 million. The 13 analysts polled by S&P Capital IQ looked for a top line of $718.5 million on the same basis. GAAP reported sales were 4.8% higher than the prior-year quarter's $684.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.71. The 20 earnings estimates compiled by S&P Capital IQ predicted $0.69 per share. GAAP EPS of $0.71 for Q3 were 11% higher than the prior-year quarter's $0.64 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 22.4%, 50 basis points worse than the prior-year quarter. Operating margin was 7.5%, 30 basis points better than the prior-year quarter. Net margin was 4.6%, 20 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $738.9 million. On the bottom line, the average EPS estimate is $0.72.

Next year's average estimate for revenue is $2.84 billion. The average EPS estimate is $2.74.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 177 members out of 192 rating the stock outperform, and 15 members rating it underperform. Among 71 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 69 give Landstar System a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Landstar System is outperform, with an average price target of $55.53.