ArcBest: Q2 Earnings Insights

Shares of ArcBest ARCB rose 1.5% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 27.17% year over year to $0.67, which may not compare to the estimate of ($0.01).

Revenue of $627,370,000 decreased by 18.68% from the same period last year, which missed the estimate of $641,550,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

ArcBest hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 29, 2020

Time: 09:00 AM

ET Webcast URL: https://event.webcasts.com/starthere.jsp?ei=1342401&tp_key=bba7bcc96c

Price Action

Company's 52-week high was at $33.53

Company's 52-week low was at $13.54

Price action over last quarter: Up 55.72%

Company Overview

ArcBest Corp is engaged in logistics operations. The company operates in three business segments namely Asset-Based, ArcBest and FleetNet. The company generates maximum revenue from its asset-based operations.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!