NASDAQ:ARCB - Nasdaq - US03937C1053 - Common Stock - Currency: USD
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how ground transportation stocks fared in Q4, starting with Avis Budget Group (NASDAQ:CAR).
Whether you see them or not, industrials businesses play a crucial part in our daily activities. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the industry has underperformed the market over the past six months as its 5.9% return lagged the S&P 500 by 3.5 percentage points.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the industry has underperformed the market over the past six months as its 5.9% return lagged the S&P 500 by 3.5 percentage points.
ArcBest’s fourth-quarter results were ahead of analysts’ expectations but reflect a sluggish demand environment. The post ArcBest, LTL industry short on volume appeared first on FreightWaves.
ArcBest beat fourth-quarter expectations Friday but noted that continued industrial weakness is weighing on its results. The post First look: ArcBest Q4 earnings appeared first on FreightWaves.
ARCB shares up 1.80% on better-than-expected Q4 2024 results, with revenue beating consensus and adjusted EPS surpassing expectations.
Freight Delivery Company ArcBest (NASDAQ:ARCB) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 8.1% year on year to $1.00 billion. Its non-GAAP profit of $1.33 per share was 26.6% above analysts’ consensus estimates.
Freight Delivery Company ArcBest (NASDAQ:ARCB) will be announcing earnings results tomorrow before market open. Here’s what to expect.
ArcBest announced changes to its leadership team on Thursday. The post ArcBest announces leadership changes appeared first on FreightWaves.