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2023-07-28 16:10:12 ET ArcBest Corporation (ARCB) Q2 2023 Earnings Conference Call July 28, 2023, 09:30 AM ET Company Participants David Humphrey - VP, IR Judy McReynolds - Chairman, President & CEO Matt Beasley - CFO and Treasurer Seth Runser - President...
2023-07-28 06:04:15 ET ArcBest press release ( NASDAQ: ARCB ): Q2 Non-GAAP EPS of $1.54 misses by $0.48 . Revenue of $1.1B (-20.9% Y/Y) in-line. Total tonnage per day increased 0.9 percent; LTL-rated weight per shipment decreased 1.5 percent. Total shipments pe...
ArcBest Announces Second Quarter 2023 Results PR Newswire Well-positioned to serve customers in a rapidly changing market Increased focus on efficient and effective operations Second quarter 2023 net income of $40.4 million , or $1.64 per diluted share....
2023-07-27 11:50:27 ET ArcBest ( NASDAQ: ARCB ) is scheduled to announce Q2 earnings results on Friday, July 28th, before market open. The consensus EPS Estimate is $2.02 (-53.0% Y/Y) and the consensus Revenue Estimate is $1.1B (-20.9% Y/Y). Over the last 2 years, ARCB...
2023-07-26 12:56:43 ET The Russell 3000 Index Trucking Index hit a new all-time high on Wednesday after developments around Yellow Corporation ( YELL ) and strong earnings from Old Dominion Freight Line ( NASDAQ: ODFL ) brought even more buyers into the sector. Citi analyst ...
2023-07-22 12:35:43 ET The Industrial Select Sector ( XLI ) closed the week ending July 21, +0.87% . Rocket took the top gainer spot but trucking companies were not behind, landing three spots among the five. Meanwhile, Joby slumped on a downgrade and earnings began to show its impa...
2023-07-19 13:24:11 ET Gainers: Wheels Up Experience ( UP ) +26% . FlexShopper ( FPAY ) +9% . ArcBest Corporation ( ARCB ) +7% . Orbital Infrastructure Group ( OIG ) +7% . Losers: KWESST Micro Systems ( KWE ) -19% . Joby ...
2023-07-18 12:05:43 ET Yellow Corporation ( NASDAQ: YELL ) dropped nearly 3% on Tuesday as the bad news piles up. The International Brotherhood of Teamsters said YELL failed to make its required $50M in union pension contributions for the month of June, Cowen reported. The u...
2023-07-13 08:24:18 ET Summary The slowdown in macro is a difficult force to overcome in the cyclical industry. Freight spot rates have come down from 2021-2022 levels and ARCB monthly metrics are pointing down. I have no concerns with ARCB from an operational perspective and have...
ArcBest Announces Its Second Quarter 2023 Earnings Conference Call PR Newswire FORT SMITH, Ark. , July 10, 2023 /PRNewswire/ -- ArcBest ® (Nasdaq: ARCB) will announce its second quarter 2023 financial results prior to the opening market on Friday, ...
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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 $...