What To Expect From ArcBest Corporation ($ARCB) Q3 Earnings?

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ArcBest Corporation (NASDAQ: ARCB) has set the date for the release of its third quarter financial results on Friday 1st November 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.

Wall Street financial experts are forecasting that the firm will announce an expected $1.83 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $1.07 billion for this specific period.

The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $2.31. This was a direct result of the company's total revenue, which amounted to an impressive $1.13 billion during that specific period.

Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $4.24 billion. Additionally, they predict that the earnings per share for the company will hit profit of $6.83 by the end of the fiscal year.

 

In addition, The firm will review the third quarter financial results on 1st November 2024 at 09:30 AM eastern time, in a conference call with public.

ArcBest Corporation (ARCB) shares traded as low as $104.11 and as high as $108.67 on a day volume of 291.20 thousand shares, closed Wednesday's regular trading session at $106.86, an upturn of 2.39 percent.