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ArcBest Corporation (NASDAQ:ARCB ) Q4 2024 Earnings Conference Call January 31, 2024 9:30 AM ET Company Participants Amy Mendenhall - VP, Treasury and IR Judy McReynolds - Chairman and CEO Seth Runser - President Matt Beasley - CFO Christopher Adkins - VP, Yield Strategy and Management Matt Godfrey - President, ABF Freight Conference Call Participants Jason Seidl - TD Cowen Daniel Imbro - Stephens Jordan Alliger - Goldman Sachs Ravi Shanker - Morgan Stanley Tom Wadewitz - UBS Chris Wetherbee - Wells Fargo Bruce Chan - Stifel Joe Hafling - Jefferies Ken Hoexter - Bank of America Ari Rosa - Citi Jeff Kauffman - Vertical Research Partners Scott Group - Wolfe Research Operator Hello and thank you for standing by. My name is Regina and I will be your conference operator today.
ArcBest (ARCB) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $2.47 per share a year ago.
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported fourth quarter 2024 revenue of $1.0 billion, compared to $1.1 billion in fourth quarter 2023. Net income was $29.0 million, or $1.24 per diluted share, compared to $48.8 million, or $2.01 per diluted share in the prior year. On a non-GAAP basis, fourth quarter 2024 net income was $31.2 million, or $1.33 per diluted share, compared to $60.0 million, or $2.47 per diluted share in the pri.
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 11, 2025, payable on February 25, 2025. 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 14,000 employees across 250 campuses and service centers, the.
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB) will announce its fourth quarter 2024 financial results before the market opens on Friday, January 31, 2025. 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) 715-9871. The conference ID for the call is 7688695. Following the call, a recorded playback will be available through the end of the day on February.
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.
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