What changed
Adjusted EPS of $2.15 beat consensus of $1.38 by $0.77 (+55.8%). Revenue came in at $3,281M, up 9.2% YoY, driven by favorable fuel surcharge revenue, higher weight per shipment, an additional operating day, and higher base revenue per hundredweight, partially offset by softer volumes. Transition-period adjusted EPS guidance set at $1.69-$1.79 before MTM adjustments and $2.80-$2.90 excluding spin-off costs.
Why it matters
Adjusted EPS of $2.15 beat consensus of $1.38 by $0.77 (+55.8%). Revenue came in at $3,281M, up 9.2% YoY, driven by favorable fuel surcharge revenue, higher weight per shipment, an additional operatin