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Thread: ArcBest Announces Its Fourth Quarter 2019 Earnings Conference Call

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    Default ArcBest Announces Its Fourth Quarter 2019 Earnings Conference Call

    FORT SMITH, Ark., Jan. 7, 2020 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB) will announce its fourth quarter 2019 financial results after the market close on Thursday, January 30, 2020. A conference call with company executives will be held on the following day, Friday, January 31, 2020, at 9:30 a.m. ET (8:30 a.m. CT) to discuss these results. Interested parties are invited to listen by calling (800) 756‑3565.
    https://finance.yahoo.com/news/arcbe...155900823.html

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

    ArcBest (ARCB) Q4 Earnings and Revenues Beat Estimates

    ArcBest (ARCB) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items.

    This quarterly report represents an earnings surprise of 24.44%. A quarter ago, it was expected that this freight transportation and logistics company would post earnings of $0.89 per share when it actually produced earnings of $1.02, delivering a surprise of 14.61%.

    Over the last four quarters, the company has surpassed consensus EPS estimates two times.

    ArcBest, which belongs to the Zacks Transportation - Truck industry, posted revenues of $717.42 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.41%. This compares to year-ago revenues of $774.28 million. The company has topped consensus revenue estimates two times over the last four quarters.
    https://finance.yahoo.com/news/arcbe...223510973.html
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