Shareholders might have noticed that ArcBest Corporation (NASDAQ:ARCB) filed its quarterly result this time last week. The early response was not positive, with shares down 8.1% to US$19.12 in the past week. It looks like a pretty bad result, all things considered. Although revenues of US$701m were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 69% to hit US$0.07 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
About The Author
April 25, 2019
An unprecedented wave of layoffs, what you need to know about the stimulus bill, and what comes next
March 29, 2020