ArcBest (ARCB) Tops Q4 EPS by 4c

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ArcBest Announces Fourth Quarter 2016 And Full Year 2016 Results

February 8, 2017 6:00 AM EST

FORT SMITH, Ark., Feb. 8, 2017 /PRNewswire/ -- ArcBestSM (Nasdaq: ARCB) today reported fourth quarter 2016 net income of $1.6 million, or $0.06 per diluted share, compared to fourth quarter 2015 net income of $5.0 million, or $0.19 per diluted share.  ArcBest's fourth quarter 2016 revenue was $688.2 million versus revenue of $648.1 million in the same period of 2015, an increase of 6.2 percent. 

Excluding certain items in both periods as identified in the attached reconciliation tables, ArcBest's non-GAAP net income was $7.6 million, or $0.29 per diluted share, in fourth quarter 2016 compared to fourth quarter... More