NASDAQ$ARCB

ArcBest Corporation · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

ArcBest experienced a revenue decrease but made progress in cost control and productivity during the fourth quarter of 2024.

ArcBest reported Q4 2024 revenue of $1.0 billion, a decrease from $1.1 billion in Q4 2023. Net income was $29.0 million, or $1.24 per diluted share, compared to $48.8 million, or $2.01 per diluted share in the prior year. On a non-GAAP basis, net income was $31.2 million, or $1.33 per diluted share, compared to $60.0 million, or $2.47 per diluted share in the prior year.

  • Productivity gains were achieved through technology, training, and network design.
  • Focus on cost control initiatives helped mitigate headwinds from a challenging freight environment.
  • Significant investments were made to enable growth, improve service, and increase efficiencies.
  • Over $85 million was returned to shareholders in 2024 through share repurchases and dividends.

Headline financials

Total Revenue

$1B

Previous: $1.09B-8.1%
EPS (adj)

$1.33

Previous: $2.47-46.2%
Billed Revenue / CWT

$49.27

Previous: $48.98+0.6%
Shipments / Day

19.7K

Previous: 19.9K-1.1%
Tonnage / Day

10.8K

Previous: 11.6K-7.3%
Average Length of Haul (Miles)

1.1K

Previous: 1.1K+3.5%
Billed Revenue / Shipment

$538.20

Previous: $570.64-5.7%
Capital Expenditures

-$57.7M

Previous: -$92.8M+37.8%
Net Income

$29M

Previous: $48.8M-40.5%
Operating Income

$38.2M

Previous: $64.3M-40.7%
Gross Profit

$1B

Previous: $64.3M+1458.9%

Revenue & EPS history

ArcBest · Revenue · Quarterly

$1B

Q4 2024-8.1%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

ArcBest · $1.16B total across 2 segments · Q3 2023

  • Asset-Based
    $741M-6.4%
  • Asset-Light
    $419M-30.6%

Forward guidance

The report does not contain specific forward guidance. It highlights the company's focus on cost control, productivity, and service quality.

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 Q4 2024

Historical avgQ4 2024

+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

Earnings price reactions
QuarterReport dateReaction (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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