ARCB stock news

ArcBest (NASDAQ: ARCB ) posted quarterly earnings that exceeded, on a non-GAAP basis, the Wall Street consensus of how it would perform in the fourth quarter of 2019. The LTL carrier's non-GAAP earnings were 56 cents per share, which topped consensus by 11 cents, according to SeekingAlpha. Revenue of $717.42 million was about $4.4 million short of consensus. On a GAAP standard, ArcBest actually lost money in the fourth quarter. The GAAP net income per share was negative 22 cents, or $5.5 million. The operating statistics for the company that were positive were only barely so. For example, billed revenue per hundredweight was up 1.2% to $435.6 million, up from $430.4 million in the fourth quarter of 2018. Billed revenue per shipment was up 1.2%, to $435.59 million from $430.36 million. Beyond that, it was all negative for the carrier. Shipments were down 7.3% from the fourth quarter of 2018 to 1,173,949. Shipments per day were down by the same percentage. Total tonnage dropped 8.1% to 717,708 while tons per day was also down 8.1%, to 11,670. Read more

FORT SMITH, Ark., Jan. 30, 2020 /PRNewswire/ -- ABF Freight, the less-than-truckload carrier of ArcBest® (Nasdaq: ARCB), announced it will pay a profit-sharing bonus to all qualifying union-represented employees in return for the company achieving a 95.2 percent operating ratio in 2019…. Read more

FORT SMITH, Ark., Jan. 30, 2020 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leading logistics company with creative problem solvers who deliver innovative solutions, today reported fourth quarter 2019 revenue of $717.4 million compared to fourth quarter 2018 revenue of $774.3 million…. Read more

FORT SMITH, Ark., Jan. 22, 2020 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leading logistics company with creative problem solvers who deliver innovative solutions, is pleased to announce that it has been named to the 2020 Top 500 List of the Best Employers for Diversity. The company… Read more

FORT SMITH, Ark., Jan. 7, 2020 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB) will announce its fourth quarter 2019 financial results after the market close on Thursday, January 30, 2020. A conference call with company executives will be held on the following day, Friday, January 31, 2020, at… Read more

FORT SMITH, Ark., Dec. 20, 2019 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leading logistics company with creative problem solvers who deliver innovative solutions, is pleased to announce that Judy R. McReynolds is among WomenInc.'s 2019 Most Influential Corporate Board Directors…. Read more

Trucking and logistics provider ArcBest Corp. (NASDAQ: ARCB ) reported late on October 31 lower third-quarter revenue, shipments and tonnage over strong year-earlier numbers. The company's year-over-year weakness continued into October with 7% to 9% year-over-year declines in revenue, shipment and tonnage. ArcBest which operates an asset-based less-than-truckload (LTL) service as well as a smaller non-asset based unit, posted $787.6 million in third-quarter revenue, compared with $826.2 million in the year-earlier period. Operating income came in at $31.2 million compared to operating income of $56.1 million in the third quarter of 2018. Third quarter net income was $16.3 million, or $0.62 per diluted share, compared to third quarter 2018 net income of $40.8 million, or $1.52 per diluted share. The third quarter 2019 earnings per share (EPS) results were in line with estimates of analysts polled by financial website Barchart. The LTL operation, which accounts for the bulk of ArcBest's business, posted $565.6 million in revenue, a 4.1% decline on a per day basis. Read more

ArcBest (ARCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Read more

Bear of the Day: ArcBest (ARCB) Read more

ArcBest (ARCB) delivered earnings and revenue surprises of -3.12% and 0.04%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock? Read more

ArcBest (ARCB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. Read more

Bear of the Day: ArcBest Corp (ARCB) Read more

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ARCB earnings call for the period ending March 31, 2019. Read more

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