ArcBest (NASDAQ:ARCB) reported its Q2 earnings results on Friday, July 29, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
ArcBest beat estimated earnings by 8.86%, reporting an EPS of $4.3 versus an estimate of $3.95.
Revenue was up $444.03 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.93 which was followed by a 5.59% drop in the share price the next day.
Here’s a look at ArcBest’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.15 | 2.24 | 2.45 | 1.61 |
| EPS Actual | 3.08 | 2.79 | 2.59 | 1.97 |
| Revenue Estimate | 1.26B | 1.10B | 1.01B | 915.95M |
| Revenue Actual | 1.33B | 1.19B | 1.02B | 948.97M |
To track all earnings releases for ArcBest visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
