secwatch.observer — SEC 8-K summary
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Issuer:     ARCBEST CORP /DE/ (ARCB)
CIK:        0000894405
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001558370-24-000786
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894405/000155837024000786/0001558370-24-000786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894405/000155837024000786/arcb-20240206x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-000786

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer