ArcBest (ARCB) Tops Q1 EPS by 47c, Revenues Miss

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ArcBestĀ® Announces First Quarter 2020 Results

May 5, 2020 6:00 AM EDT

FORT SMITH, Ark., May 5, 2020 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB) a leading logistics company today reported first quarter 2020 revenue of $701.4 million compared to first quarter 2019 revenue of $711.8 million.  First quarter 2020 operating income was $7.8 million compared to operating income of $8.6 million in the same period last year.  Net income was $1.9 million or $0.07 per diluted share compared to first quarter 2019 net income of $4.9 million, or $0.18 per diluted share.

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