ArcBest (ARCB) Misses Q1 EPS by 13c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Stifel Downgrades ArcBest Corp (ARCB) to Hold
May 2, 2016 6:22 AM EDTStifel downgraded ArcBest Corp (NASDAQ: ARCB) from Buy to Hold and removed its $23 price target.
Analyst David Ross commented, "ArcBest reported 1Q16 adjusted EPS on Friday of ($0.24), well below our estimate of ($0.02) and the Street consensus estimate of ($0.11) due to weaker-than-expected margins, as overall revenues... More
