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ArcBest (ARCB) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended September 2026, ArcBest (ARCB - Free Report) reported revenue of $1.21 billion, up 15.5% over the same period last year. EPS came in at $2.62, compared to $1.46 in the year-ago quarter.

The reported revenue represents a surprise of +0.34% over the Zacks Consensus Estimate of $1.21 billion. With the consensus EPS estimate being $2.54, the EPS surprise was +3.15%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how ArcBest performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Asset-Based - Billed Revenue / CWT: $50.75 versus the two-analyst average estimate of $50.54.
  • Asset-Based - Billed Revenue / Shipment: $610.78 compared to the $608.32 average estimate based on two analysts.
  • Asset-Light - Operating Ratio: 97.2% versus the two-analyst average estimate of 97.9%.
  • Asset-Based - Shipments / Day: 20,460.00 Tons compared to the 20,272.29 Tons average estimate based on two analysts.
  • Asset-Based - Operating Ratio: 90.5% versus the two-analyst average estimate of 90.6%.
  • Asset-Light - Operating Ratio (Non-GAAP): 96.8% versus the two-analyst average estimate of 97.6%.
  • Asset-Based - Workdays: 64 versus the two-analyst average estimate of 64.
  • Asset-Based - Weight / Shipment: 1,204.00 lbs compared to the 1,203.71 lbs average estimate based on two analysts.
  • Asset-Based - Tonnage / Day: 12,313.00 Ton versus 12,201.02 Ton estimated by two analysts on average.
  • Revenues- Asset-Based: $798.61 million versus the three-analyst average estimate of $789.37 million. The reported number represents a year-over-year change of +9.9%.
  • Revenues- Asset-Light: $446.29 million versus the three-analyst average estimate of $452.19 million. The reported number represents a year-over-year change of +25.4%.
  • Revenues- Other and eliminations: $-34.4 million compared to the $-36.65 million average estimate based on two analysts. The reported number represents a change of +0.3% year over year.

View all Key Company Metrics for ArcBest here>>>

Shares of ArcBest have returned +4.9% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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