earnings
confidence high
sentiment negative
materiality 0.75
ArcBest Q4 2024 rev $1.0B, net income $29M ($1.24 EPS), down from $48.8M YoY
ARCBEST CORP /DE/
2024-FY EPS reported
$7.30
revenue$4,179,019,000
- Q4 GAAP diluted EPS $1.24 vs $2.01 prior year; non-GAAP EPS $1.33 vs $2.47.
- Asset-Based OR worsened to 92.0% from 87.7% as tonnage per day fell 7.3%.
- Asset-Light revenue $375.4M (-9.2% per day); operating loss improved to $1.6M from $7.7M.
- Full year 2024 net income $173.4M ($7.28 diluted EPS) includes $67.9M gain on contingent consideration.
- Returned over $85M to shareholders in 2024 via repurchases and dividends; $48.7M repurchase authorization remains.