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  1. #1
    Taking A Stand!!!

    Join Date
    Jul 2009
    Local Union
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    ABF
    Location
    Albuquerque, NM
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    Default ArcBest Announces Its Third Quarter 2019 Earnings Conference Call

    FORT SMITH, Ark., Oct. 2, 2019 /PRNewswire/ -- ArcBest® (ARCB) will announce its third quarter 2019 financial results after the market close on Thursday, October 31, 2019. A conference call with company executives will be held on the following day, Friday, November 1, 2019, at 9:30 a.m. EDT (8:30 a.m. CDT) to discuss these results. Interested parties are invited to listen by calling (800) 931‑4071.
    https://finance.yahoo.com/news/arcbe...164800495.html

  2. #2
    Taking A Stand!!!

    Join Date
    Jul 2009
    Local Union
    492
    Employer
    ABF
    Location
    Albuquerque, NM
    Posts
    41,533
    Rep Power
    912

    Default Re: ArcBest Announces Its Third Quarter 2019 Earnings Conference Call

    ArcBest® Announces Third Quarter 2019 Results

    - Third quarter 2019 revenue of $787.6 million, and net income of $16.3 million, or $0.62 per diluted share. On a non‑GAAP(1) basis, third quarter 2019 net income was $27.0 million, or $1.02 per diluted share.

    - Asset-Based yield improvement despite a decrease in shipment and tonnage levels

    - Asset-Light revenue and operating income decreased due to lower demand

    FORT SMITH, Ark., Oct. 31, 2019 /PRNewswire/ -- ArcBest® (ARCB), a leading logistics company with creative problem solvers who deliver innovative solutions, today reported third quarter 2019 revenue of $787.6 million compared to third quarter 2018 revenue of $826.2 million. Third quarter 2019 operating income was $31.2 million compared to operating income of $56.1 million in third quarter last year. Third quarter net income was $16.3 million, or $0.62 per diluted share compared to third quarter 2018 net income of $40.8 million, or $1.52 per diluted share.
    https://finance.yahoo.com/news/arcbe...200500169.html

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