ArcBest (ARCB) Projected to Post Quarterly Earnings on Wednesday

ArcBest (NASDAQ:ARCB - Get Free Report) is expected to announce its Q2 2025 earnings results before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $1.41 per share and revenue of $1.03 billion for the quarter.

ArcBest (NASDAQ:ARCB - Get Free Report) last issued its earnings results on Tuesday, April 29th. The transportation company reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). ArcBest had a net margin of 4.37% and a return on equity of 10.05%. The firm had revenue of $967.08 million for the quarter, compared to the consensus estimate of $990.03 million. During the same period last year, the firm earned $1.34 earnings per share. The company's revenue for the quarter was down 6.7% on a year-over-year basis. On average, analysts expect ArcBest to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.

ArcBest Trading Up 4.5%

Shares of NASDAQ:ARCB opened at $81.89 on Wednesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.00 and a quick ratio of 1.00. The business's 50-day moving average is $71.65 and its 200 day moving average is $76.09. The firm has a market capitalization of $1.88 billion, a P/E ratio of 10.83, a P/E/G ratio of 0.83 and a beta of 1.71. ArcBest has a 1 year low of $55.19 and a 1 year high of $129.83.

ArcBest Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 9th were issued a $0.12 dividend. The ex-dividend date was Friday, May 9th. This represents a $0.48 dividend on an annualized basis and a yield of 0.59%. ArcBest's payout ratio is 6.35%.

Analyst Ratings Changes

ARCB has been the subject of several research analyst reports. Stifel Nicolaus lowered their price target on ArcBest from $102.00 to $83.00 and set a "buy" rating for the company in a research report on Wednesday, April 30th. Truist Financial decreased their target price on ArcBest from $93.00 to $90.00 and set a "buy" rating for the company in a report on Thursday, April 24th. The Goldman Sachs Group upgraded ArcBest from a "neutral" rating to a "buy" rating and lifted their target price for the company from $84.00 to $101.00 in a report on Monday, June 2nd. Jefferies Financial Group reiterated a "buy" rating and issued a $85.00 target price (up from $75.00) on shares of ArcBest in a report on Tuesday, June 10th. Finally, TD Cowen decreased their target price on ArcBest from $80.00 to $72.00 and set a "hold" rating for the company in a report on Wednesday, April 30th. Eight analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $93.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ARCB. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of ArcBest by 215.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 153,138 shares of the transportation company's stock worth $10,808,000 after purchasing an additional 104,643 shares during the period. Jane Street Group LLC increased its stake in ArcBest by 278.2% in the first quarter. Jane Street Group LLC now owns 45,591 shares of the transportation company's stock valued at $3,218,000 after acquiring an additional 33,537 shares during the period. AQR Capital Management LLC increased its stake in ArcBest by 300.3% in the first quarter. AQR Capital Management LLC now owns 26,896 shares of the transportation company's stock valued at $1,898,000 after acquiring an additional 20,177 shares during the period. Intech Investment Management LLC increased its stake in ArcBest by 3.4% in the first quarter. Intech Investment Management LLC now owns 20,135 shares of the transportation company's stock valued at $1,421,000 after acquiring an additional 655 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in ArcBest by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,017 shares of the transportation company's stock valued at $989,000 after acquiring an additional 619 shares during the period. Institutional investors own 99.27% of the company's stock.

About ArcBest

ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products.

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