ArcBest Q2 revenue rises 16% on higher weight per shipment

ArcBest

29/07/2026 11:16

Overview
U.S. supply chain logistics firm's Q2 revenue rose, slightly beating analyst expectations
Adjusted EPS for Q2 rose yr/yr, excluding impairment and restructuring charges
Company posted a Q2 net loss due to impairment and restructuring charges

Outlook
Company says progress on pricing, cost management and efficiency initiatives to continue
ArcBest notes a more constructive operating environment for logistics and supply chain services
Company continues to invest in technology and operating efficiency to support future growth

Result Drivers
ASSET-BASED REVENUE GROWTH - Revenue rose due to higher weight per shipment and increased fuel surcharge revenue, partially offset by fewer shipments per day
ASSET-LIGHT VOLUME AND PRICING - Revenue increased primarily due to higher shipment volumes and higher revenue per shipment, reflecting higher fuel prices and a tightening capacity environment
COST MANAGEMENT AND PRODUCTIVITY - Improved non-GAAP operating income attributed to disciplined cost management and productivity improvements

Company press release: ID:nBw1pGtPfa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$1.18 bln
$1.17 bln (11 Analysts)
Q2 Net Loss
 
$13.82 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the ground freight & logistics peer group is "buy"
Wall Street's median 12-month price target for ArcBest Corp (Texas) is $175.50, about 17.4% above its July 28 closing price of $149.48
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

Reuters Recommended Reads
July 28 - Landstar Q2 revenue beats estimates as freight transportation market "rapidly" improves
July 28 - Werner Q2 revenue rises on TTS growth, FirstFleet acquisition
July 28 - UPS hikes full-year forecasts after Amazon delivery reductions, shares drop on investor skepticism

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)