ArcBest Corp reports results for the quarter ended December 31 - Earnings Summary

ArcBest

31/01/2025 14:32

* ArcBest Corp  ARCB.OQ  reported quarterly adjusted
earnings of
$1.33​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of
$2.47.  The mean expectation of thirteen analysts for the
quarter was for earnings of $1.04 per share. Wall Street
expected results to range from 90 cents to $1.20 per share.
    * Revenue fell 8.1% to $1.00 billion from a year ago;
analysts
expected $994.99 million. 
    * ArcBest Corp's reported EPS for the quarter was $1.24​.
    * The company reported quarterly net income of $29.04
million.
    * ArcBest Corp shares had risen by 1.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 25.6%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "buy"

Wall Street's median 12-month price target for ArcBest Corp is
$118.50 
This summary was machine generated from LSEG data January 31 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.04           1.33           Beat
 Sep. 30 2024      1.83           1.64           Missed
 Jun. 30 2024      2.06           1.98           Missed
 Mar. 31 2024      1.53           1.34           Missed