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.
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