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ArcBest Launches Vaux Smart Autonomy™ to Unlock Supply Chain Efficiencies
Businesswire· 2024-02-13 12:00
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), an integrated logistics company, today announced the next step in its first-of-its-kind Vaux suite: Vaux Smart Autonomy. The offering combines autonomous mobile robot (AMR) forklifts and reach trucks, intelligent software and remote teleoperation capabilities to autonomously handle materials movement within warehouses, distribution centers and manufacturing facilities — all while keeping humans in the loop. Vaux Smart Autonomy is the only autonomou ...
Why ArcBest Stock Is Accelerating Today
The Motley Fool· 2024-02-06 18:12
Trucking company ArcBest (ARCB 8.45%) managed to navigate past speedbumps, including demand questions and market disruptions, and still deliver earnings that were above expectations. Investors were excited, sending shares of ArcBest up as much as 12.4% for the day and up 8.5% as of 12:30 Eastern Tuesday.A focus on costs drives an earnings beatArcBest earned $2.47 per share in its fourth quarter on revenue of $1.1 billion, surpassing Wall Street expectations for $2.21 per share in earnings on sales of $1.09 ...
ArcBest(ARCB) - 2023 Q4 - Earnings Call Transcript
2024-02-06 17:29
ArcBest Corporation (NASDAQ:ARCB) Q4 2023 Results Conference Call February 6, 2024 9:30 AM ET Company Participants David Humphrey - VP, IR Judy McReynolds - Chairman, President & CEO Matt Beasley - CFO Seth Runser - President-ABF Freight Dennis Anderson - CSO Christopher Adkins - VP-Yield Strategy & Management Conference Call Participants Jason Seidl - TD Cowen Jordan Alliger - Goldman Sachs Ravi Shanker - Morgan Stanley Ken Hoexter - Bank of America Jack Atkins - Stephens Scott Group - Wolfe Research Ben M ...
ArcBest (ARCB) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-06 15:45
For the quarter ended December 2023, ArcBest (ARCB) reported revenue of $1.09 billion, down 12.4% over the same period last year. EPS came in at $2.47, compared to $2.45 in the year-ago quarter.The reported revenue represents a surprise of +0.80% over the Zacks Consensus Estimate of $1.08 billion. With the consensus EPS estimate being $2.19, the EPS surprise was +12.79%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...
ArcBest (ARCB) Beats Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-06 13:21
ArcBest (ARCB) came out with quarterly earnings of $2.47 per share, beating the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $2.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.79%. A quarter ago, it was expected that this freight transportation and logistics company would post earnings of $1.55 per share when it actually produced earnings of $2.31, delivering a surprise of 49.03%.Over the las ...
ArcBest Declares a $0.12/Share Quarterly Dividend
Businesswire· 2024-02-02 19:49
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, $0.01 par value, on February 16, 2024, payable on March 1, 2024. ABOUT ARCBEST ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 15,000 employees across 250 campuses and service centers, the company is a l ...
ArcBest (ARCB) Expected to Beat Earnings Estimates: Should You Buy?
Zacks Investment Research· 2024-01-30 16:07
Wall Street expects a year-over-year decline in earnings on lower revenues when ArcBest (ARCB) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 6, 2024, might help the stock move higher if these key numbers are better than expect ...
ArcBest Announces Its Fourth Quarter 2023 Earnings Conference Call
Businesswire· 2024-01-08 20:08
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 executives will be held that day at 9:30 a.m. EST (8:30 a.m. CST) to discuss these results. Interested parties are invited to listen by calling (800) 599-2055. The conference ID for the call is 6835093. Following the call, a recorded playback will be available through the end of the day on March 15, 2024. To l ...
ArcBest(ARCB) - 2023 Q3 - Quarterly Report
2023-11-02 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 000-19969 ARCBEST CORPORATION (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction o ...
ArcBest(ARCB) - 2023 Q3 - Earnings Call Transcript
2023-10-27 17:52
ArcBest Corporation (NASDAQ:ARCB) Q3 2023 Results Conference Call October 27, 2023 9:00 AM ET Company Participants David Humphrey - VP, IR Judy McReynolds - Chairman, President & CEO Matt Beasley - CFO and Treasurer Seth Runser - President of ABF Freight Steven Leonard - Chief Commercial Officer & President of Asset-Light Logistics Dennis Anderson - Chief Strategy Officer Christopher Adkins - VP, Yield Strategy and Management Conference Call Participants Ravi Shankar - Morgan Stanley Jason Seidl - TD Ken Ho ...