ArcBest (ARCB) Q2 Earnings and Revenues Lag Estimates

Core Viewpoint - ArcBest reported quarterly earnings of $1.36 per share, missing the Zacks Consensus Estimate of $1.48 per share, and down from $1.98 per share a year ago, indicating an earnings surprise of -8.11% [1] - The company posted revenues of $1.02 billion for the quarter, missing the Zacks Consensus Estimate by 1.67% and down from $1.08 billion year-over-year [2] Group 1: Earnings Performance - Over the last four quarters, ArcBest has surpassed consensus EPS estimates only once [2] - The company’s earnings surprise for the previous quarter was -1.92%, with actual earnings of $0.51 per share against an expectation of $0.52 [1][2] Group 2: Stock Performance - ArcBest shares have declined approximately 12.1% since the beginning of the year, contrasting with the S&P 500's gain of 8.3% [3] - The current Zacks Rank for ArcBest is 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 3: Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.70 on revenues of $1.07 billion, and for the current fiscal year, it is $5.17 on revenues of $4.11 billion [7] - The outlook for the Transportation - Truck industry, where ArcBest operates, is currently in the bottom 17% of over 250 Zacks industries, which may impact stock performance [8]