ArcBest (NASDAQ:ARCB) Issues Quarterly Earnings Results, Beats Estimates 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 the consensus estimate of $2.26 by $0.12, FiscalAI reports. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.17 billion. ArcBest had a net margin of 1.38% and a return on equity of 6.15%. The firm’s revenue was up 15.9% compared to the same quarter last year. During the same quarter last 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 Stock Down 7.0%

Shares of ARCB stock traded down $10.44 during trading hours on Wednesday, reaching $139.04. 162,505 shares of the company’s stock were exchanged, compared to its average volume of 366,422. ArcBest has a fifty-two week low of $59.43 and a fifty-two week high of $176.69. The stock’s 50 day moving average is $147.83 and its 200-day moving average is $118.65. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.10. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 57.37, a P/E/G ratio of 0.53 and a beta of 1.57.

ArcBest Announces Dividend

The company 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. This represents a $0.48 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, August 7th. ArcBest’s dividend payout ratio (DPR) is 19.75%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Morgan Stanley lifted their price target on shares of ArcBest from $150.00 to $180.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Truist Financial raised their price objective on ArcBest from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Stifel Nicolaus upped their target price on ArcBest from $134.00 to $176.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Bank of America increased their price target on ArcBest from $138.00 to $160.00 and gave the stock a “neutral” rating in a research report on Friday, June 5th. Finally, Citigroup started coverage on ArcBest in a research note on Wednesday, July 15th. They set a “market outperform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, ArcBest has a consensus rating of “Moderate Buy” and an average price target of $155.08.

Hedge Funds Weigh In On ArcBest

Several hedge funds have recently modified their holdings of ARCB. Federated Hermes Inc. grew its position in ArcBest by 126.6% during the 4th quarter. Federated Hermes Inc. now owns 1,015 shares of the transportation company’s stock worth $75,000 after purchasing an additional 567 shares during the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of ArcBest during the second quarter valued at $85,000. Quantbot Technologies LP increased its position in shares of 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 acquiring an additional 1,061 shares during the period. Tower Research Capital LLC TRC raised its stake 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 worth $186,000 after acquiring an additional 2,146 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in ArcBest during the 2nd quarter worth about $194,000. Institutional investors and hedge funds own 99.27% of the company’s stock.

ArcBest Company Profile

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.