ArcBest (NASDAQ:ARCB) Releases Quarterly Earnings Results, Beats Expectations By $0.12 EPS

ArcBest (NASDAQ:ARCB) posted its quarterly earnings results on Wednesday. The transportation company reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.26 by $0.12, FiscalAI reports. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.17 billion. ArcBest had a net margin of 1.38% and a return on equity of 6.15%. ArcBest’s revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.36 EPS.

Here are the key takeaways from ArcBest’s conference call:

• Second-quarter results improved significantly: Revenue rose 16% year over year to $1.2 billion, while adjusted EPS increased to $2.38 from $1.36 and non-GAAP operating income reached $74 million. ABF Freight’s adjusted operating ratio improved 200 basis points to 90.8%.
• Truckload capacity is tightening, supporting modest LTL volume gains and stronger pricing. ABF daily tonnage rose 5%, driven by an 8% increase in weight per shipment, while July trends remained better than typical seasonality.
• Asset-Light performance strengthened: Revenue increased 28% per day, Managed Solutions shipments reached a record, and productivity improved 35% year over year. The segment generated $6.3 million in adjusted operating income versus $1.5 million for all of 2025.
• ArcBest expects restructuring and network changes—including brand consolidation, select service-center closures, and the discontinuation of the Vaux system—to produce approximately $40 million in annualized savings, reaching the full run rate by the first quarter of 2027.
• Management said broad-based industrial demand has not yet inflected, with weakness in areas such as apparel, consumer brands, and housing-related activity. Third-quarter ABF margins are expected to be broadly in line with the second quarter, while lower fuel surcharge revenue and approximately $6 million–$7 million of restructuring cash costs will be near-term headwinds.

ArcBest Price Performance

ARCB stock traded down $9.20 during mid-day trading on Wednesday, reaching $140.28. 281,439 shares of the company traded hands, compared to its average volume of 367,207. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.93 and a quick ratio of 0.93. The company has a market capitalization of $3.12 billion, a P/E ratio of 57.67, a P/E/G ratio of 0.53 and a beta of 1.57. ArcBest has a 52-week low of $59.43 and a 52-week high of $176.69. The company has a fifty day moving average price of $147.83 and a 200-day moving average price of $118.65.

ArcBest Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be paid a $0.12 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.48 annualized dividend and a yield of 0.3%. ArcBest’s dividend payout ratio (DPR) is currently 19.75%.

Analyst Ratings Changes

Several brokerages have weighed in on ARCB. Wall Street Zen raised ArcBest from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Citizens Jmp began coverage on ArcBest in a research note on Wednesday, July 15th. They issued a “market outperform” rating and a $180.00 target price on the stock. Truist Financial upped their price target on ArcBest from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, July 15th. Bank of America upped their price target on ArcBest from $138.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, June 5th. Finally, Morgan Stanley increased their price target on ArcBest from $150.00 to $180.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $155.08.

More ArcBest News

Here are the key news stories impacting ArcBest this week:

• Positive Sentiment: ArcBest reported second-quarter earnings of $2.38 per share, above the $2.26 consensus estimate, while revenue of $1.18 billion also exceeded expectations of $1.17 billion. EPS rose from $1.36 a year earlier and revenue increased 15.9%, providing evidence of improving business conditions. ArcBest quarterly earnings report
• Positive Sentiment: Analysts had entered the quarter expecting higher profit and revenue as freight conditions improved and technology-related savings supported margins. The results broadly validated that outlook. ArcBest Q2 earnings preview
• Neutral Sentiment: Additional analysis is examining key operating metrics against Wall Street estimates and last year, suggesting investors may be looking beyond the headline EPS and revenue beat to assess the quality and durability of the recovery. ArcBest Q2 key metrics analysis
• Negative Sentiment: ARCB has already been one of the market’s strongest performers in 2026, gaining more than 70% according to a recent review. That substantial run-up may encourage profit-taking or create high expectations, limiting the stock’s response to an earnings beat. Stocks that have soared in 2026
• Negative Sentiment: A valuation comparison with J.B. Hunt is prompting investors to reconsider which trucking stock offers the better value. With ArcBest trading at a relatively elevated earnings multiple, valuation concerns could weigh on shares even after the quarterly beat. ARCB versus JBHT value comparison

Institutional Investors Weigh In On ArcBest

A number of institutional investors and hedge funds have recently modified their holdings of the company. Federated Hermes Inc. grew its stake in ArcBest by 126.6% during the fourth quarter. Federated Hermes Inc. now owns 1,015 shares of the transportation company’s stock valued at $75,000 after acquiring an additional 567 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in ArcBest in the 2nd quarter worth approximately $85,000. Quantbot Technologies LP boosted its holdings in ArcBest by 146.3% in the 3rd quarter. Quantbot Technologies LP now owns 1,786 shares of the transportation company’s stock valued at $125,000 after purchasing an additional 1,061 shares during the period. Tower Research Capital LLC TRC boosted its holdings in ArcBest by 803.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,413 shares of the transportation company’s stock valued at $186,000 after purchasing an additional 2,146 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of ArcBest during the 2nd quarter valued at $194,000. 99.27% of the stock is owned by hedge funds and other institutional investors.

About ArcBest

ArcBest Corporation (NASDAQ: ARCB) is a transportation and logistics company that offers comprehensive freight and supply chain solutions across North America. Founded in 1923 as Arkansas Best Freight System, the company has evolved into a diversified service provider with both asset-based and asset-light operations. Its core businesses include less-than-truckload (LTL) shipping through ABF Freight, expedited full-truckload services via Panther Premium Logistics, and a range of logistics and supply chain management services under its ArcBest Integrated Logistics division.

The company’s asset-based operations also encompass FleetNet America, a provider of emergency roadside assistance and maintenance services for heavy-duty vehicles.