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Stock impact report

Strength Seen in ArcBest (ARCB): Can Its 6.0% Jump Turn into More Strength? [Yahoo! Finance]

ArcBest Corporation (ARCB) 
Last arcbest corporation earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: arcb.com/investor-relations
Company Research Source: Yahoo! Finance
This compares to the stock's 1.7% loss over the past four weeks. Shares of this transportation company have performed well lately, gaining 21.7% on a year-to-date basis. The company's efforts to automate the supply chain are praisworthy. Operational efficiencies roo bode well. According to Baird analysts, companies like ARCB are witnessing pricing gains that remain durable and a tonnage trajectory that continues to slowly improve. This freight transportation and logistics company is expected to post quarterly earnings of $1.66 per share in its upcoming report, which represents a year-over-year change of +5.1%. Revenues are expected to be $1.04 billion, down 5.6% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For ArcBest, the consensus EPS estimate for the quarte Show less Read more
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