ArcBest (ARCB) is a Zacks Rank #5 (Strong Sell) as earnings estimates have tracked lower after a recent earnings miss.  The company is best known for its freight transportation services and solutions. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day.DescriptionArcBest Corporation provides freight transportation services and solutions. The company's Freight Transportation segment offers transportation of general commodities; motor carrier freight transpor ...

营收情况 - 公司在2024年第一季度的总营收为10.36亿美元，较去年同期下降6.3%[104] - Asset-Based segment revenues for the three months ended March 31, 2024, totaled $671.5 million, compared to $697.8 million for the same period of 2023[137] - Asset-Light部门的营收在2024年第一季度下降了9.5%，为3.964亿美元，与2023年同期的4.381亿美元相比[164] 利润情况 - 公司在2024年第一季度的调整后息税折旧及摊销前利润为7,333.2万美元[118] - 公司在2024年第一季度的净亏损受到一次性非现金减值损失的影响，为2160万美元[114] - The Asset-Based segment generated operating income of $53.5 million for the three months ended March 31, 2024, compared to $47.5 million for the same period of 2023[142] 成本情况 - Salaries, wages, and benefits amounted to 51.4% of Asset-Based segment revenues for the three-month period ended March 31, 2024, compared to 48.1% for the same period of 2023[143] - 2024年第一季度，Asset-Light部门的运营费用较去年同期减少4060万美元，但由于2024年第一季度收入较低，作为收入的百分比增加了0.6个百分点[167] - 2024年第一季度，Asset-Light部门的运输购买费率在市场环境较软的情况下有所下降，尽管购买运输成本较去年同期降低2600万美元，但作为收入的百分比却增加了2.3个百分点[168] 财务活动 - 2024年第一季度，公司经营活动现金流为6.5百万美元，较去年同期的19.9百万美元有所下降[207] - 2024年第一季度，公司投资活动现金流受到资产出售收益的影响，为53.8百万美元[208] - 2024年第一季度，公司用于偿还票据的现金为16.8百万美元，回购了120,681股普通股，总成本为15.7百万美元[209] 税务情况 - 2024年第一季度，公司的联邦所得税效益率为40.0%，较2023年同期的15.4%有显著提高[236] - 2024年第一季度，公司进行了1900万美元的联邦、州和外国税款支付，预计未来现金支出不会显著超过报告的所得税费用[238] - 2024年第一季度，公司的总有效税收效益率为40.3%，较2023年同期的24.1%有所增加[239]

财务数据和关键指标变化 - 公司在第一季度实现10亿美元收入,同比下降6% [16] - 非GAAP经营利润为4300万美元,同比下降9百万美元 [16] - 调整后每股收益为1.34美元,同比下降0.24美元 [16] 各条业务线数据和关键指标变化 - 资产轻型业务第一季度收入为3.96亿美元,日均下降约9% [18] - 资产轻型业务非GAAP经营亏损470万美元,主要受1月天气影响 [18] - 资产重型业务第一季度收入为6.72亿美元,日均下降3% [21] - 资产重型业务非GAAP经营利润率为92%,同比改善30个基点 [21] 各个市场数据和关键指标变化 - 第一季度货运量和日均发货量分别下降17%和6% [23] - 4月货运量和发货量同比继续下降,但较3月有所改善 [25] 公司战略和发展方向及行业竞争 - 公司保持专注于提高运营效率、创新和为客户提供优质服务 [9][10] - 公司持续投资于新设施和技术,提高生产力和服务水平 [13][14] - 公司在自动化和远程操作等领域进行创新投资,为客户提供解决方案 [14][15] 管理层对经营环境和未来前景的评论 - 尽管面临市场疲软和天气事件的挑战,公司仍保持良好的财务表现 [9] - 公司看好未来增长前景,客户需求保持强劲 [11] - 公司有信心通过提高运营效率和生产力来应对当前环境 [19][22][25] 问答环节重要的提问和回答 问题1 **Ravi Shanker 提问** 询问公司在价格和业务量之间的平衡,以及运营杠杆和价格下降对利润的影响 [40][41] **Christopher Adkins 回答** 公司通过自有的成本核算系统来平衡价格和业务量,确保盈利能力 [42][43][45] 问题2 **Ken Hoexter 提问** 询问4月份货运量和发货量下滑的背景,以及核心业务的表现 [60][64] **Judy McReynolds 回答** 制造业PMI指数改善通常滞后4-6个月,同时过剩的卡车运力也影响了重货运输 [153][154] 公司核心业务在4月保持增长,体现了公司的定价纪律和优化业务结构 [165][169] 问题3 **Jason Seidl 提问** 询问是否看到卡车运输业务从LTL业务中分流了一些货量 [157] **Steven Leonard 回答** 公司确实看到一些这样的情况,但规模不大,未来随着运力紧张,货量有望回流LTL [158][159][161]

Earnings were weak as truckers continue to drive through a soft patch.A miserable earnings season for the trucking sector continued on Tuesday with results from ArcBest (ARCB -12.89%). Shares of the Arkansas-based transportation and logistics provider traded down 13% as of 2:30 p.m. ET following the release of its quarterly earnings report.A cool climate for demandArcBest investors were likely fearing the worst, ahead of the company's earnings release. A number of trucking stocks that have already reported, ...

For the quarter ended March 2024, ArcBest (ARCB) reported revenue of $1.04 billion, down 6.3% over the same period last year. EPS came in at $1.34, compared to $1.58 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.03 billion, representing a surprise of +0.97%. The company delivered an EPS surprise of -12.99%, with the consensus EPS estimate being $1.54.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

ArcBest (ARCB) came out with quarterly earnings of $1.34 per share, missing the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.99%. A quarter ago, it was expected that this freight transportation and logistics company would post earnings of $2.19 per share when it actually produced earnings of $2.47, delivering a surprise of 12.79%.Over the la ...

| --- | --- | |---------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------| | | Exhibit 99.1 | | | | | | | | Investor Relations Contact: David Humphrey Title: Vice President – Investor Relations Phone: 479-785-6200 | Media Contact: Autumnn Mahar Title: Director External Communications and Public Relations | | Email: dhumphrey@arcb.com ...

Investors are always looking for stocks that are poised to beat at earnings season and ArcBest Corporation (ARCB) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because ArcBest is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good i ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering ArcBest (ARCB) , which belongs to the Zacks Transportation - Truck industry.When looking at the last two reports, this freight transportation and logistics company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 30.91%, on average, in the last two quarters.For the most recent quarter, ArcBest was expected to ...

Several factors have dimmed the sentiment of the Zacks Transportation - Truck industry. These factors include worries regarding global economic growth and reduced freight demand. Truck driver shortages and supply-chain woes act as deterrents. Despite macroeconomic challenges causing uncertainty in demand, the industry demonstrates resilience, especially for companies prioritizing growth and operational efficiency. Among the companies in the industry that will probably survive the business challenges are J.B ...