ArcBest (ARCB) Misses Q1 Earnings and Revenue Estimates

ArcBest (ARCB) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.92%. A quarter ago, it was expected that this freight transportation and logistics company would post earnings of $1.05 per share when it actually produced earnings of $1.33, delivering a surprise of 26.67%.Over the las ...