ArcBest Corporation (ARCB)
Market Cap | 2.20B |
Revenue (ttm) | 4.27B |
Net Income (ttm) | 193.72M |
Shares Out | 23.40M |
EPS (ttm) | 8.07 |
PE Ratio | 11.71 |
Forward PE | 13.97 |
Dividend | $0.48 (0.51%) |
Ex-Dividend Date | Nov 13, 2024 |
Volume | 604,421 |
Open | 97.46 |
Previous Close | 97.58 |
Day's Range | 92.59 - 97.77 |
52-Week Range | 92.59 - 153.60 |
Beta | 1.49 |
Analysts | Buy |
Price Target | 130.69 (+38.84%) |
Earnings Date | Feb 4, 2025 |
About ARCB
ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers mot... [Read more]
Financial Performance
In 2023, ArcBest's revenue was $4.43 billion, a decrease of -11.96% compared to the previous year's $5.03 billion. Earnings were $195.43 million, a decrease of -34.46%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for ARCB stock is "Buy." The 12-month stock price forecast is $130.69, which is an increase of 38.84% from the latest price.
News
ArcBest Named to Fast Company's List of the Next Big Things in Tech
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest has been named to Fast Company's annual Next Big Things in Tech list honoring groundbreaking advancements in technology.
ArcBest Corporation (ARCB) Q3 2024 Earnings Call Transcript
ArcBest Corporation (NASDAQ:ARCB) Q3 2024 Earnings Conference Call November 1, 2024 9:30 AM ET Company Participants Amy Mendenhall - Vice President, Treasury and Investor Relations Judy R. McReynolds...
ArcBest Announces Third Quarter 2024 Results
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported third quarter 2024 revenue of $1.06 billion, compared to $1.13 billion in third quarter 2...
ArcBest Declares a $0.12/Share Quarterly Dividend
FORT SMITH, Ark.--(BUSINESS WIRE)--The Board of Directors of ArcBest® (Nasdaq: ARCB) has declared a quarterly cash dividend of twelve cents ($0.12) per share to holders of record of its Common Stock, ...
ArcBest Announces Its Third Quarter 2024 Earnings Conference Call
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its third quarter 2024 financial results before the market opens on Friday, November 1, 2024. A conference call with company ex...
ArcBest Announces Retirement and Succession of Chief Innovation Officer and President of ArcBest Technologies
FORT SMITH, Ark.--(BUSINESS WIRE)--Michael Newcity, chief innovation officer and president of ArcBest Technologies, will retire in December 2024. Dennis Anderson will succeed Newcity.
These Analysts Revise Their Forecasts On ArcBest Following Q2 Results
ArcBest Corporation ARCB reported worse-than-expected second-quarter adjusted EPS results on Friday.
ArcBest Corporation (ARCB) Q2 2024 Earnings Call Transcript
ArcBest Corporation (NASDAQ:ARCB) Q2 2024 Earnings Conference Call August 2, 2024 9:30 AM ET Company Participants Amy Mendenhall - Vice President, Treasury and Investor Relations Judy McReynolds - Ch...
ArcBest misses profit expectations, as soft rate environment weighed on revenue
ArcBest Corp. ARCB reported Friday second-quarter profit that missed expectations, as the transportation company saw lower revenue per shipment amid a soft rate environment. The stock was still untrad...
ArcBest Announces Second Quarter 2024 Results
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported second quarter 2024 revenue from continuing operations of $1.08 billion, compared to $1.1...
ABF Freight President Seth Runser Appointed President of ArcBest
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announced today that Seth Runser will become president of ArcBest and Matt Godfrey will become president of ABF Freight, effective August 1.
ArcBest Announces Its Second Quarter 2024 Earnings Conference Call
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its second quarter 2024 financial results before the market opens on Friday, August 2, 2024. A conference call with company exe...
ArcBest Wins “Robotics Innovation of the Year” In 2024 SupplyTech Breakthrough Awards Program
Annual Awards Program Recognizes Innovation in the Global Supply Chain Technology and Logistics Industry Annual Awards Program Recognizes Innovation in the Global Supply Chain Technology and Logistics...
ArcBest Partners with Scholarship America to Offer Company's Inaugural Employee Dependent Scholarship Program
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announces employee dependent scholarship program through Scholarship America, investing in higher education for employees and their families.
ArcBest Corporation (ARCB) Q1 2024 Earnings Call Transcript
ArcBest Corporation (NASDAQ:ARCB) Q1 2024 Earnings Conference Call April 30, 2024 9:30 AM ET Company Participants David Humphrey - VP, IR Judy McReynolds - Chairman, President & CEO Matt Beasley - CF...
ArcBest Announces First Quarter 2024 Results
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported first quarter 2024 revenue from continuing operations of $1.0 billion, compared to $1.1 b...
ABF Freight Wins 2023 Excellence in Security Award for a Record Tenth Time
FORT SMITH, Ark.--(BUSINESS WIRE)--LTL carrier ABF Freight has won the 2023 ATA Excellence in Security award, demonstrating the company's position as an industry leader.
ArcBest Announces Its First Quarter 2024 Earnings Conference Call
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its first quarter 2024 financial results before the market opens on Tuesday, April 30, 2024. A conference call with company exe...
ArcBest Helps Bridge the Gap Between Robotics and Logistics Using NVIDIA Technology
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest announced a collaboration with NVIDIA that uses the NVIDIA Isaac Perceptor to improve safety and efficiency in material-handling processes.
ArcBest unveils new autonomous tool for freight efficiency and optimization
Judy McReynolds, ArcBest CEO, disucsses the Vaux Smart Autonomy and its impact on supply chain efficiencies.
ArcBest Launches Vaux Smart Autonomy™ to Unlock Supply Chain Efficiencies
FORT SMITH, Ark.--(BUSINESS WIRE)--Vaux Smart Autonomy combines AMR forklifts and reach trucks with intelligent software and teleoperation capabilities to automate material handling.
ArcBest Corporation (ARCB) Q4 2023 Earnings Call Transcript
ArcBest Corporation (ARCB) Q4 2023 Earnings Call Transcript
ArcBest Announces Fourth Quarter and Full Year 2023 Results
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported fourth quarter 2023 revenue from continuing operations of $1.1 billion, compared to $1.2 ...
ArcBest Announces Its Fourth Quarter 2023 Earnings Conference Call
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its fourth quarter 2023 financial results before the market opens on Tuesday, February 6, 2024. A conference call with company ...
ArcBest: A Compelling Investment Based On Relative Valuation
ArcBest has a long history and has undergone a significant business transformation over the past decade. The company has successfully shifted its strategy to become an integrated logistics provider, e...