Recap: ArcBest Q4 Earnings

 

Shares of ArcBest ARCB remained unaffected after the company reported Q4 results.

Quarterly Results

Earnings per share increased 73.21% year over year to $0.97, which beat the estimate of $0.92.

Revenue of $816,414,000 up by 13.80% from the same period last year, which beat the estimate of $800,210,000.

Looking Ahead

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

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

Conference Call Details

Date: Feb 02, 2021

Time: 09:30 AM

ET Webcast URL: https://event.webcasts.com/starthere.jsp?ei=1419951&tp_key=d428cd36eb

Price Action

Company's 52-week high was at $50.39

Company's 52-week low was at $13.54

Price action over last quarter: Up 39.33%

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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