Recap: ArcBest Q2 Earnings

 

ArcBest 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.

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