Earnings Preview: ArcBest (ARCB) Q3 Earnings Expected to Decline

Core Viewpoint - The market anticipates a year-over-year decline in ArcBest's earnings due to lower revenues, with a consensus EPS estimate of $1.84, reflecting a -20.4% change, and revenues expected at $1.07 billion, down 5.4% from the previous year [1][2]. Earnings Estimates - The consensus EPS estimate for ArcBest has been revised down by 11.97% over the last 30 days, indicating a reassessment by analysts [3]. - The Most Accurate Estimate for ArcBest matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [6]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a favorable Zacks Rank [4][5]. - ArcBest currently holds a Zacks Rank of 5 (Strong Sell), complicating predictions of an earnings beat [6]. Historical Performance - In the last reported quarter, ArcBest was expected to post earnings of $2.03 per share but delivered $1.98, resulting in a surprise of -2.46% [7]. - Over the past four quarters, ArcBest has beaten consensus EPS estimates twice [7]. Industry Comparison - In the Zacks Transportation - Truck industry, XPO is expected to post earnings of $0.89 per share, indicating a +1.1% year-over-year change, with revenues projected at $2.01 billion, up 1.4% [9]. - XPO's consensus EPS estimate has been revised down by 7.4% over the last 30 days, and it currently has an Earnings ESP of -0.87% combined with a Zacks Rank of 4 (Sell) [9].