ArcBest Corp (Texas) reports results for the quarter ended June 30 - Earnings Summary
ArcBest Corp (Texas) reports results for the quarter ended June 30 - Earnings Summary
ArcBest Corp (Texas) ARCB.OQ reported quarterly adjusted earnings of $2.38 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.36. The mean expectation of fourteen analysts for the quarter was for earnings of $2.27 per share. Wall Street expected results to range from $2.01 to $2.39 per share.
Revenue rose 15.9% to $1.18 billion from a year ago; analysts expected $1.17 billion.
ArcBest Corp (Texas)'s reported EPS for the quarter was a loss of 62 cents.
The company reported a quarterly loss of $13.82 million.
ArcBest Corp (Texas) shares had risen by 4.1% this quarter and gained 101.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 42.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 6 "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 (Texas) is $175.50, about 14.8% above its last closing price of $149.48
This summary was machine generated from LSEG data July 29 at 01:31 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 |
Jun. 30 2026 | 2.27 | 2.38 | Beat |
Mar. 31 2026 | 0.27 | 0.32 | Beat |
Dec. 31 2025 | 0.40 | 0.36 | Missed |
Sep. 30 2025 | 1.37 | 1.46 | Beat |
Recent news on ArcBest
See all newsArcBest Corp (Texas) reports results for the quarter ended June 30 - Earnings Summary
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