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ArcBest (ARCB) Q2 EPS Falls 31%

During the quarter, ArcBest saw consolidated GAAP revenue decrease 5.2% from 1,077.8millioninQ22024to1,077.8 million in Q2 2024 to 1,022.3 million in Q2 2025. Non-GAAP EPS dropped 31.3% to 1.36fromQ22024.Bothresultswerebelowanalystforecasts.TheAssetBasedsegment,whichdrivesthemajorityofrevenue,recordedlittlegrowthat1.36 from Q2 2024. Both results were below analyst forecasts. The Asset-Based segment, which drives the majority of revenue, recorded little growth at 713.3 million (GAAP), a per-day increase of 0.9%. Daily shipments increased 5.6%, and tonnage per day rose 4.3%, supported by new LTL customer accounts. While volume improved, billed revenue p ...