FORT SMITH, Ark., June 28, 2019 /PRNewswire/ -- ArcBest® (ARCB) will announce its second quarter 2019 financial results after the market close on Tuesday, July 30, 2019. A conference call with company executives will be held on the following day, Wednesday, July 31, 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) 897‑3679.
Announcement
Collapse
No announcement yet.
ArcBest Announces Its Second Quarter 2019 Earnings Conference Call
Collapse
X
-
Re: ArcBest Announces Its Second Quarter 2019 Earnings Conference Call
ArcBest® Announces Second Quarter 2019 Results
- Second quarter 2019 revenue of $771.5 million, and net income of $24.4 million, or $0.92 per diluted share. On a non-GAAP[1] basis, second quarter 2019 net income was $24.6 million, or $0.93 per diluted share.
- Asset-Based yield improvement in the midst of lower shipment and tonnage levels
- Asset-Light revenue and operating income impacted by lower market demand during a period that included resource investments for the future
FORT SMITH, Ark., July 30, 2019 /PRNewswire/ -- ArcBest® (ARCB), a leading logistics company with creative problem solvers who deliver integrated solutions, today reported second quarter 2019 revenue of $771.5 million compared to second quarter 2018 revenue of $793.4 million. Second quarter 2019 operating income was $35.2 million compared to operating income of $3.2 million in second quarter last year. Second quarter net income was $24.4 million, or $0.92 per diluted share compared to second quarter 2018 net income of $1.2 million, or $0.05 per diluted share.
Comment