ArcBest (ARCB) Stock

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 - Chairman and Chief Executive Officer Seth Runser - President Matt Beasley - Chief Financial Officer Christopher Adkins - Vice President, Yield Strategy and Management Matt Godfrey - President of ABF Freight Steven Leonard - Chief Commercial Officer and President, Asset-Light Logistics Conference Call Participants Jason Seidl - TD Cowen Ravi Shanker - Morgan Stanley Jordan Alliger - Goldman Sachs Daniel Imbro - Stephens Ken Hoexter - Bank of America Tom Wadewitz - UBS Brian Ossenbeck - J.P.Morgan Chris Wetherbee - Wells Fargo Scott Group - Wolfe Research Bruce Chan - Stifel Ben Moore - Citi Stephanie Moore - Jefferies Operator Good morning, and welcome to the ArcBest Third Quarter 2024 Earnings Conference Call.

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 2023. Net income was $100.3 million, or $4.23 per diluted share, including a $69.1 million after-tax benefit from the reduction in the fair value of contingent consideration related to a 2021 acquisition, compared to $34.9 million, or $1.42 per diluted share in the prior year. On a non-GAAP basis, t.

ArcBest (ARCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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 executives will be held that day at 9:30 a.m. EDT (8:30 a.m. CDT) to discuss these results. Interested parties are invited to listen by calling (800) 715-9871. The conference ID for the call is 2815802. Following the call, a recorded playback will be available through the end of the day on November 1.

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.

DALLAS, Aug. 06, 2024 (GLOBE NEWSWIRE) -- TriumphPay announced today the addition of ArcBest® (Nasdaq: ARCB), a multibillion-dollar integrated logistics company offering one of the largest freight brokerages in North America, to TriumphPay as a full audit and payments network participant. ArcBest, a leader in the transportation and logistics industry, joins the network as part of its strategy to better serve carriers, improve operational efficiency and enhance payment security.

ArcBest Corporation ARCB reported worse-than-expected second-quarter adjusted EPS results on Friday.

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 - Chairman, President & CEO Seth Runser - President-ABF Freight Matt Beasley - CFO Christopher Adkins - Vice President, Yield Strategy and management Conference Call Participants Jason Seidl - TD Cowen Daniel Imbro - Stephens Jordan Alliger - Goldman Sachs Ken Hoexter - Bank of America Merrill Lynch Matthew Milask - Stifel Thomas Wadewitz - UBS Christian Wetherbee - Wells Fargo Brian Ossenbeck - JPMorgan Stephanie Moore - Jefferies Jeffrey Kauffman - Vertical Research Partners Ravi Shanker - Morgan Stanley Operator Thank you for standing by. My name is Danica and I will be your conference operator today.

The headline numbers for ArcBest (ARCB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.