NASDAQ$ARCB
ArcBest Corporation · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
ArcBest's Q3 2020 performance was marked by increased revenue and profitability, driven by improving business trends in both Asset-Based and Asset-Light segments.
ArcBest reported Q3 2020 revenue of $795.0 million, a slight increase from $787.6 million in Q3 2019. The company's net income rose to $29.4 million, or $1.11 per diluted share, compared to $16.3 million, or $0.62 per diluted share, in the same period last year. Non-GAAP net income was $32.4 million, or $1.22 per diluted share, compared to $27.0 million, or $1.02 per diluted share, in Q3 2019.
- Third quarter revenue reached $795.0 million with net income at $29.4 million, or $1.11 per diluted share.
- Non-GAAP net income for the third quarter was $32.4 million, equating to $1.22 per diluted share.
- Improved business trends led to enhanced profitability in both the Asset-Based and Asset-Light segments.
- ArcBest's consolidated cash and short-term investments, less debt, improved by $18 million during the third quarter, reaching $59 million.
Headline financials
Revenue & EPS history
ArcBest · Revenue · Quarterly
$795M
Revenue by segment
ArcBest · $830M total across 2 segments · Q3 2020
- Asset-Based$562M-0.7%67.7%
- Asset-Light$268M+5.6%32.3%
Forward guidance
ArcBest anticipates sustaining the momentum of the third quarter and continuing to profitably grow the company.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.6%
Avg return
Earnings day
+4.5%
Avg return
5 days after
+6.0%
Avg return
30 days after
50%
34 / 68 earnings
Positive
+29.4%
Q1 2018
Best reaction
-30.3%
Q1 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.5% | -0.7% | +5.4% | |
| Q4 2025 | +5.9% | +28.4% | +20.3% | |
| Q3 2025 | -1.1% | -7.1% | -0.3% | |
| Q1 2025 | -4.0% | +4.9% | +9.2% | |
| Q4 2024 | +1.2% | +1.2% | -16.7% | |
| Q3 2024 | -3.5% | +16.0% | +10.7% | |
| Q2 2024 | -13.8% | -15.0% | -12.6% | |
| Q1 2024 | -16.3% | -11.3% | -20.4% | |
| Q4 2023 | +9.6% | +12.3% | +14.2% | |
| Q3 2023 | +26.0% | +30.0% | +38.3% | |
| Q2 2023 | -2.1% | -2.6% | -12.6% | |
| Q1 2023 | +1.9% | +0.1% | -3.2% | |
| Q4 2022 | -4.2% | +14.1% | +15.3% | |
| Q3 2022 | -8.0% | -7.3% | +1.8% | |
| Q2 2022 | +0.2% | -2.3% | -0.4% | |
| Q1 2022 | -1.1% | +6.4% | -0.9% | |
| Q4 2021 | +5.7% | +1.3% | +6.9% | |
| Q3 2021 | +14.1% | +13.6% | +7.2% | |
| Q2 2021 | +9.0% | +14.5% | +16.6% | |
| Q1 2021 | +13.5% | +20.7% | +2.5% | |
| Q4 2020 | -0.4% | +4.6% | +35.2% | |
| Q3 2020 | +8.9% | +5.9% | +38.6% | |
| Q2 2020 | -3.8% | -2.5% | +7.4% | |
| Q1 2020 | +7.2% | +11.7% | +28.2% | |
| Q4 2019 | -11.4% | -10.1% | -21.3% | |
| Q3 2019 | +0.0% | +7.0% | -2.5% | |
| Q2 2019 | +7.1% | +2.7% | +5.4% | |
| Q1 2019 | -0.5% | -3.7% | -17.4% | |
| Q4 2018 | -5.7% | -5.2% | -11.5% | |
| Q3 2018 | +12.0% | +10.8% | +8.5% | |
| Q2 2018 | +2.1% | +3.6% | +7.7% | |
| Q1 2018 | +29.4% | +28.5% | +33.8% | |
| Q4 2017 | +4.9% | -3.8% | -7.4% | |
| Q3 2017 | +5.9% | -0.6% | +14.2% | |
| Q2 2017 | +29.3% | +18.4% | +20.7% | |
| Q1 2017 | -30.3% | -30.7% | -25.7% | |
| Q4 2016 | +0.6% | +0.5% | -12.2% | |
| Q3 2016 | +10.9% | +19.8% | +52.7% | |
| Q2 2016 | +0.4% | -0.3% | -0.4% | |
| Q1 2016 | -14.4% | — | — | |
| Q4 2015 | -12.1% | — | — | |
| Q3 2015 | +2.4% | — | — | |
| Q2 2015 | +2.2% | — | — | |
| Q1 2015 | -4.4% | — | — | |
| Q4 2014 | -4.4% | — | — | |
| Q3 2014 | +8.5% | — | — | |
| Q2 2014 | -20.1% | — | — | |
| Q1 2014 | -0.4% | — | — | |
| Q4 2013 | -2.6% | — | — | |
| Q3 2013 | +2.9% | — | — | |
| Q2 2013 | +19.4% | — | — | |
| Q1 2013 | -3.6% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q3 2012 | -15.0% | — | — | |
| Q2 2012 | +1.2% | — | — | |
| Q1 2012 | +1.0% | — | — | |
| Q4 2011 | +1.7% | — | — | |
| Q3 2011 | -1.7% | — | — | |
| Q2 2009 | -1.7% | — | — | |
| Q2 2011 | -2.4% | — | — | |
| Q1 2010 | +7.8% | — | — | |
| Q1 2011 | +1.5% | — | — | |
| Q4 2008 | -4.1% | — | — | |
| Q4 2010 | -4.1% | — | — | |
| Q3 2010 | -1.8% | — | — | |
| Q3 2009 | -1.8% | — | — | |
| Q2 2010 | -6.3% | — | — | |
| Q4 2009 | -6.3% | — | — |
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