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ArcBest Corp reports results for the quarter ended June 30 - Earnings Summary

ArcBest Corp ARCB.OQ reported quarterly adjusted earnings of $1.36​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.98.  The mean expectation of thirteen analysts for the quarter was for earnings of $1.44 per share. Wall Street expected results to range from $1.21  to $1.60 per share.

Revenue fell 5.2% to $1.02 billion from a year ago; analysts expected $1.05 billion.

ArcBest Corp's reported EPS for the quarter was $1.12​.

The company reported quarterly net income of $25.81 million.

ArcBest Corp shares had risen by 6.5% this quarter and lost 12.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 8.3% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 7 "hold" and no "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 $90.00, about 8.9% above its last closing price of $82.00

This summary was machine generated from LSEG data July 30 at 01:30 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.441.36Missed
Mar. 31 20250.510.51Met
Dec. 31 20241.041.33Beat
Sep. 30 20241.831.64Missed

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