ArcBest (ARCB) Misses Q1 Earnings Estimates

ArcBest (ARCB) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of$ 1.54 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.99%. A quarter ago, it was expected that this freight transportation and logistics company would post earnings of$ 2.19 per share when it actually produced earnings of $2.47, delivering a surprise of 12.79%.Over the la ...