ArcBest

ArcBest Corp. is a logistics company which provides end-to-end supply chain services with a focus on innovation. It operates through the following business segments: Asset-Based, ArcBest and FleetNet. The Asset-Based segment includes national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The ArcBest segment refers to the operations of the company's expedite, truckload, and truckload-dedicated businesses as well as its premium logistics services, and international freight transportation with air, ocean, and ground service offerings. The FleetNet segment covers the operations of FleetNet America, Inc., and certain other subsidiaries that provide roadside assistance and maintenance management services for commercial vehicles through a network of third-party service providers. The company offers a full array of logistics solutions to optimize customers supply chains, while continuing to offer asset-based less-than-truckload (LTL) services through the ABF Freight network and ground expedite services under the Panther Premium Logistics brand. Its service offerings also include truckload, dedicated, managed transportation, intermodal, international air and ocean, time critical, warehousing and distribution, and household goods moving services. ArcBest was founded in 1923 and is headquartered in Fort Smith, AR.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ArcBest achieves record revenue, navigates challenges with strategic investments

ArcBest's Q4 2022 performance reflects strong revenue growth, operational resilience, and strategic investments positioning the company for future success.
While facing challenges such as decelerating customer demand and cost management, ArcBest's strengths in pricing power, innovation, and logistics optimization offer avenues for sustained growth.
Opportunities lie in technology advancements, supply chain optimization, and strategic growth initiatives, signaling a positive outlook for ArcBest's future growth and profitability.

ArcBest shows resilience in Q1 amidst revenue decline and challenges

ArcBest navigated challenges by expanding solutions, investing in technology and talent, and maintaining a healthy cash balance. The company's strategic focus on efficiency, customer service, and growth opportunities positions it well for the future.

ArcBest reports mixed Q2 results, eyes M&A for growth

ArcBest's Q2 2023 performance reflected a mixed financial picture with revenue and operating income decreasing, but core LTL-rated business pricing increasing sequentially.
The company's strengths lie in employee relationships, industry awards, and the ability to scale up capacity, while challenges include managing cost increases and market disruptions.
Opportunities for ArcBest include potential M&A activities, improving operating ratios, and leveraging technology and employee engagement for future growth.

ArcBest reports strong Q3 performance, eyes growth amid market challenges

ArcBest's Q3 performance reflects a strong focus on cost efficiency, customer relationships, and strategic investments in technology and labor availability.
While facing challenges in the Asset-Light business and pricing environment, the company is actively pursuing opportunities in freight redistribution and market recovery.
Strategic strengths in customer-centricity, operational efficiency, and growth targeting position ArcBest for sustainable improvement in operating ratio and long-term success.
By balancing cost management, revenue optimization, and growth strategies, ArcBest aims to navigate market disruptions and drive profitability in a dynamic logistics landscape.

ArcBest reports robust revenue and operational improvements amidst market challenges

ArcBest's financial performance remained strong despite market challenges, with a focus on cost-cutting and revenue growth.
The company showcased strengths in labor agreements, innovative technology, and industry recognition.
Challenges include market growth drivers, network consistency, and optimizing cost structures.
Opportunities lie in leveraging integrated logistics, diversifying carriers, and enhancing customer experience through efficient operations.

ArcBest reports solid Q1 earnings, eyes growth amidst challenges

ArcBest delivered strong first-quarter results with solid revenue and operational income, despite challenges like severe weather and impairment charges. The company's strategic investments and focus on operational excellence position it well for future growth and efficiency.
While facing labor cost increases and challenges in the asset-light segment, ArcBest remains committed to productivity improvements and balancing price and volume for sustainable growth. Opportunities for growth are seen in core shipments and operational efficiency efforts.

ArcBest reports robust Q2 earnings, eyes efficiency gains for growth

ArcBest's Q2 2024 earnings call showcased a strong financial performance, driven by efficiency gains and strategic pricing initiatives.
Despite challenges in the freight cycle, the company remains focused on growth, innovation, and service excellence to drive value for stakeholders.
Analysts' inquiries and long-term guidance underscore ArcBest's commitment to transparency, efficiency, and sustainable growth in a competitive market.

ArcBest reports Q3 challenges but showcases service excellence and innovation

ArcBest navigated challenges in revenue and operating income but demonstrated strengths in service excellence and innovation.
Efforts to optimize workforce, expand facilities, and invest in technology position the company for future growth.
Strategic leadership changes and a commitment to efficiency and innovation underscore ArcBest's resilience and adaptability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ArcBest Corp. is a logistics company which provides end-to-end supply chain services with a focus on innovation. It operates through the Asset-Based and Asset-Light business segments. The Asset-Based segment includes national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The Asset-Light segment consists of logistics services using third-party vendors to provide transportation services. The company was founded in 1923 and is headquartered in Fort Smith, AR.

Adient

Civista Bancshares

ADNT, ARCB and CIVB have been added to the Zacks Rank #5 (Strong Sell) List on June 17, 2024.

New Strong Sell Stocks for June 17th

Annual Awards Program Recognizes Innovation in the Global Supply Chain Technology and Logistics Industry Annual Awards Program Recognizes Innovation in the Global Supply Chain Technology and Logistics Industry

ArcBest Wins “Robotics Innovation of the Year” In 2024 SupplyTech Breakthrough Awards Program

Atlantic Union Bankshares Corp

B&G Foods

ARCB, AUB and BGS have been added to the Zacks Rank #5 (Strong Sell) List on June 11, 2024.

New Strong Sell Stocks for June 11th

AMN Healthcare Services

Arrow Electronics

AMN, ARCB and ARW have been added to the Zacks Rank #5 (Strong Sell) List on June 4, 2023.

New Strong Sell Stocks for June 4th

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announces employee dependent scholarship program through Scholarship America, investing in higher education for employees and their families.

ArcBest Partners with Scholarship America to Offer Company's Inaugural Employee Dependent Scholarship Program

ARMOUR Residential REIT

ARR, ARCB and BGS have been added to the Zacks Rank #5 (Strong Sell) List on May 22, 2024.

New Strong Sell Stocks for May 22nd

J.B. Hunt Transport Services

Southwest Airlines

Transportation stocks have been under duress of late. The Dow Jones Transportation Index is up 5% in the past six months, lagging the S&P 500's 18% gain.

Stock Market Crash Warning: Don't Get Caught Holding These 3 Transportation Stocks

AEGON

ARCB, AEG and BGS have been added to the Zacks Rank #5 (Strong Sell) List on May 16, 2024.

New Strong Sell Stocks for May 16th

ArcBest (ARCB) is a Zacks Rank #5 (Strong Sell) as earnings estimates have tracked lower after a recent earnings miss.  The company is best known for its freight transportation services and solutions.

Bear Of The Day: ArcBest (ARCB)

ArcBest Corporation (NASDAQ:ARCB ) Q1 2024 Earnings Conference Call April 30, 2024 9:30 AM ET Company Participants David Humphrey - VP, IR Judy McReynolds - Chairman, President & CEO Matt Beasley - CFO Seth Runser - President-ABF Freight Conference Call Participants Ravi Shanker - Morgan Stanley Jason Seidl - TD Cowen Jordan Alliger - Goldman Sachs Ken Hoexter - Bank of America Merrill Lynch Daniel Imbro - Stephens Brian Ossenbeck - JPMorgan Ben Mohr Mok - Deutsche Bank Tom Wadewitz - UBS Stephanie Moore - Jefferies Jeff Kauffman - Vertical Research Partners Andrew Cox - Stifel Operator Good morning. My name is Dennis, and I will be your conference operator today.

ArcBest Corporation (ARCB) Q1 2024 Earnings Call Transcript

ArcBest failed to match analyst expectations for the quarter. The company is seeing some pricing improvements, but investors might have to wait for demand to return.

Why ArcBest Stock Drove Off the Road Today

While the top- and bottom-line numbers for ArcBest (ARCB) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

ArcBest (ARCB) Reports Q1 Earnings: What Key Metrics Have to Say

ArcBest (ARCB) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.58 per share a year ago.

ArcBest (ARCB) Misses Q1 Earnings Estimates

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported first quarter 2024 revenue from continuing operations of $1.0 billion, compared to $1.1 billion in the first quarter of 2023. First quarter 2024 operating income from continuing operations was $22.4 million, compared to $21.2 million in the prior year period, and net loss from continuing operations was $2.9 million, or $0.12 per diluted share, compared to net income of $18.8 million, o.

ArcBest Announces First Quarter 2024 Results

FORT SMITH, Ark.--(BUSINESS WIRE)--LTL carrier ABF Freight has won the 2023 ATA Excellence in Security award, demonstrating the company's position as an industry leader.

ABF Freight Wins 2023 Excellence in Security Award for a Record Tenth Time

ArcBest (ARCB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for ArcBest (ARCB) This Earnings Season?

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.

ArcBest (ARCB) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Old Dominion Freight Line

Saia

TFI International

Trucking companies were shaken as J.B. Hunt reported earnings results rocked the industry.

Trucking Stocks Skid As Earnings Report Sounds Alarm For Industry

Trucking Stocks Skid As Earnings Report Signals Weaker Demand

ArcBest (ARCB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why ArcBest (ARCB) is Poised to Beat Earnings Estimates Again

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its first quarter 2024 financial results before the market opens on Tuesday, April 30, 2024. A conference call with company executives will be held that day at 9:30 a.m. EDT (8:30 a.m. CDT) to discuss these results. Interested parties are invited to listen by calling (800) 715-9871. The conference ID for the call is 6865438. Following the call, a recorded playback will be available through the end of the day on May 15, 202.

ArcBest Announces Its First Quarter 2024 Earnings Conference Call

NVIDIA

FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announced a collaboration with NVIDIA that uses the NVIDIA Isaac Perceptor to improve safety and efficiency in material-handling processes.

ArcBest Helps Bridge the Gap Between Robotics and Logistics Using NVIDIA Technology

ArcBest (ARCB) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Strength Seen in ArcBest (ARCB): Can Its 6.0% Jump Turn into More Strength?

Griffon

KB Home

PACCAR

Ralph Lauren

Griffon (GFF), ArcBest (ARCB), Ralph Lauren. (RL), KB Home (KBH) and PACCAR (PCAR) could be the best dividend growth stocks for your portfolio.

5 Dividend Stocks With Strong Growth Prospects to Buy

ArcBest (ARCB) is well positioned to outperform the market, as it exhibits above-average growth in financials.

News for ArcBest Stock (ARCB)