ArcBest Q1 adjusted EPS beats estimates on shipment growth

ArcBest

28/04/2026 11:09

Overview

US supply chain logistics firm's Q1 revenue rose slightly, slightly beating analyst expectations

Adjusted EPS for Q1 beat analyst expectations but declined from prior year

Company returned over $10 mln to shareholders in Q1

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

ASSET-BASED SHIPMENT GROWTH - Co said Q1 tonnage growth was driven by higher shipment volumes and increased weight per shipment, reflecting changes in freight profile

OPERATING EXPENSES - Co said higher labor costs, annual union wage adjustments, increased fuel prices, and higher equipment depreciation raised operating expenses in Asset-Based segment

ASSET-LIGHT SHIPMENT GROWTH AND MIX - Co said Asset-Light revenue increased due to shipment growth led by Managed business, which offset a strategic reduction in less profitable truckload volumes; revenue per shipment declined due to higher mix of Managed business

Company press release: ID:nBw3q7yQa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$998.79 mln
$997.01 mln (9 Analysts)
Q1 Adjusted EPS
Beat
$0.32
$0.27 (12 Analysts)
Q1 Net Income
-$1.04 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 6 "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 is $102.00, about 19.5% below its April 27 closing price of $126.74

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 15 three months ago

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.)