Previous 10 | Next 10 |
2023-06-02 07:07:52 ET Bank of America's proprietary bi-weekly Truckload Demand Indicator for shippers' freight demand outlook for three months out decreased 4% sequentially to 42.6 from 44.3 last survey. The reading was down 27% year-over-year and is the 5th lowest level on record for the ...
2023-05-17 07:53:02 ET Credit Suisse told clients it has “become increasingly cautious on the trucking cycle as low rates persist,” leading its analysts to downgrade of multiple names. “We advocate trimming exposure; we lower our EPS estimates across the board and d...
2023-05-01 07:34:05 ET Bank of America lowered its rating on ArcBest Corporation ( NASDAQ: ARCB ) to Underperform from Neutral on Monday. Notably, the integrated logistics company's high-cost infrastructure is said to have historically constrained its ability to post profits in ...
2023-04-28 17:21:02 ET ArcBest Corporation (ARCB) Q1 2023 Earnings Conference Call April 28, 2023 09:30 ET Company Participants David Humphrey - Vice President of Investor Relations Judy McReynolds - Chairman, President & Chief Executive Officer David Cobb - ...
2023-04-28 07:33:24 ET ArcBest ( NASDAQ: ARCB ) reported revenue fell 13.4% in Q1 to $1.11B. The company's asset-based business decreased compared to the prior-year period influenced by reduced customer order quantities related to softness in the general economy. Total tonnage p...
2023-04-28 06:02:54 ET ArcBest press release ( NASDAQ: ARCB ): Q1 Non-GAAP EPS of $1.58 misses by $0.38 . Revenue of $1.1B (-13.4% Y/Y) misses by $60M . For further details see: ArcBest Non-GAAP EPS of $1.58 misses by $0.38, revenue of $1.1B misses by $60M
ArcBest Announces First Quarter 2023 Results PR Newswire Grew Shipments Despite a Softer Market Backdrop Executing on Accelerated Return of Capital to Shareholders Following Recent Sale of FleetNet America First quarter 2023 net income, including disconti...
2023-04-27 10:59:57 ET ArcBest ( NASDAQ: ARCB ) is scheduled to announce Q1 earnings results on Friday, April 28th, before market open. The consensus EPS Estimate is $1.96 (-36.4% Y/Y) and the consensus Revenue Estimate is $1.16B (-10.8% Y/Y). Over the last 2 years, AR...
ArcBest Recognized for Employing, Developing and Supporting Veterans and the Military-Connected Community PR Newswire Company honored as a 2023 VETS Indexes 4 Star Employer and recognized for its TMAP program FORT SMITH, Ark. , April 19, 2023 /PRNewswire/ -- ...
2023-04-14 16:40:51 ET Summary Daseke has had some mixed results as of late, but the company is, on the whole, on a rather solid footing right now. Shares are expensive relative to similar firms, but not materially so. Add in how cheap shares are on an absolute basis and how m...
News, Short Squeeze, Breakout and More Instantly...
Vice President of Engineering at ABF, Matt Godfrey, Appointed ABF President ArcBest ® (Nasdaq: ARCB), a leader in supply chain logistics, announced today that Seth Runser, president of ABF Freight, will become president of ArcBest effective August 1, 2024. Judy R. McReynolds will...
2024-07-08 10:15:05 ET Morgan Stanley analyst issues OVERWEIGHT recommendation for ARCB on July 8, 2024 08:51AM ET. The previous analyst recommendation was Overweight. ARCB was trading at $107.4 at issue of the analyst recommendation. The overall analyst consensus : BUY....
2024-07-08 10:00:12 ET Ravi Shanker from Morgan Stanley issued a price target of $176.00 for ARCB on 2024-07-08 08:51:00. The adjusted price target was set to $176.00. At the time of the announcement, ARCB was trading at $107.4. The overall price target consensus is at $...