Rush Beats Year-Ago Quarter as Revenue Climbs 12.4% to $2.11B, Dividend Raised to $0.14
RUSHA sits 49% above its 52-week low of $30.447.
Summary
Rush posted Q3 2026 revenue of $2.113 billion, up 12.4% from $1.881 billion a year earlier, with net income of $78.0 million, or $0.65 per diluted share, versus $66.7 million and $0.55. The board raised the quarterly dividend to $0.14 per share from $0.13, payable December 10 to holders of record November 11. New Class 8 truck sales jumped 24.4% to 3,880 units, outpacing a 10.2% industry gain, and aftermarket revenue rose 5.8% to $679.9 million, though the absorption ratio slipped to 128.3% from 129.3%. Management flagged that quoting and new orders have slowed as customers wait on the EPA's final 2027 emissions rules, which could push purchase decisions and delivery timing into next year. The company also closed its previously announced 50% joint venture with MCT Companies, adding 17 refrigerated-transport dealerships. The Q3 earnings call is scheduled for October 28 at 10 a.m. Eastern.
At the time of this announcement, RUSHA was trading at $45.48 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $5.6B. The 52-week trading range was $30.45 to $55.74. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.