ArcBest Q4 net income $48.8M ($2.01 EPS) vs $36.5M; non-GAAP EPS $2.47 vs $2.42

ARCBEST CORP /DE/

2023-FY EPS reported $7.93 revenue$4,427,443,000

Q4 revenue $1.1B, down from $1.2B YoY; net income $48.8M ($2.01 diluted EPS) vs $36.5M ($1.45).
Non-GAAP Q4 net income $60.0M ($2.47 diluted EPS) comparable to $60.8M ($2.42) prior year.
Asset-Based operating income $87.5M (OR 87.7%), improved from $75.1M (OR 89.4%) on pricing and cost controls.
Asset-Light Q4 revenue $413.4M (-14.4% per day); operating loss improved to $7.7M from $11.3M loss YoY.
Board increased share repurchase authorization to $125M; returned $103M to shareholders in 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ARCBEST CORP /DE/ reported full year 2023 results: revenue $ 4.4 billion, net income $ 142.2 million, or $ 5.77 per diluted share, EPS $ 5.77 per diluted share.

Period: full year 2023
Revenue: $ 4.4 billion
Net income: $ 142.2 million, or $ 5.77 per diluted share
EPS: $ 5.77 per diluted share
Result: reported results

Exact text from the filing

per diluted share , compared to $ 60.8 million, or $ 2.42 per diluted share , in fourth quarter 2022. ArcBest’s full year 202 3 revenue from continuing operations totaled $ 4.4 billion compared to $ 5.0 billion in 202 2 . Net income from continuing operations was $ 142.2 million, or $ 5.77 per diluted share, compared to net income of $ 294.6 million, or $ 11.55

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ARCBEST CORP /DE/ reported fourth quarter 2023 results: revenue $ 1.1 billion, net income $ 48.8 million, or $ 2.01 per diluted share, EPS $ 2.01 per diluted share.

Period: fourth quarter 2023
Revenue: $ 1.1 billion
Net income: $ 48.8 million, or $ 2.01 per diluted share
EPS: $ 2.01 per diluted share
Result: reported results

Exact text from the filing

SMITH, Ark . , February 6 , 20 24 — ArcBest ® (Nasdaq: ARCB) , a leader in supply chain logistics, today reported fourth quarter 20 23 revenue from continuing operations of $ 1.1 billion, compared to $1.2 billion in the fourth quarter of 2022. ArcBest’s fourth quarter 202 3 operating income from continuing operations was $ 64.3 million , compared to $50.2 million

View on SEC.gov

Browse all earnings releases →

ARCBEST CORP /DE/ filing history →

Source: SEC EDGAR

accession 0001558370-24-000786

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.