ArcBest (ARCB) Declares $0.08 Quarterly Dividend; 0.9% Yield
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ArcBest (ARCB) Tops Q3 EPS by 32c, Revenues Beat
November 1, 2018 4:28 PM EDTArcBest (NASDAQ: ARCB) reported Q3 EPS of $1.44, $0.32 better than the analyst estimate of $1.12. Revenue for the quarter came in at $826.2 million versus the consensus estimate of $815.02 million.
"I am proud of our team for producing the third consecutive quarter of very... More
BofA/Merrill Lynch Downgrades ArcBest Corp (ARCB) to Underperform
October 30, 2018 6:09 AM EDTBofA/Merrill Lynch analyst Ken Hoexter downgraded ArcBest Corp (NASDAQ: ARCB) from Neutral to Underperform with a price target of $38.00 (from $50.00).
The analyst sees downside risk of the business cycle flips and suspects consensus expectations on earnings may be too optimistic
For an... More
