ArcBest (ARCB) Tops Q3 EPS by 43c, Revenues Beat
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ArcBest® Announces Third Quarter 2020 Results
November 3, 2020 6:00 AM ESTFORT SMITH, Ark., Nov. 3, 2020 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported third quarter 2020 revenue of $795.0 million compared to third quarter 2019 revenue of $787.6 million. Third quarter 2020 operating income was $39.8 million compared to operating income of $31.2 million in the same period last year. Net income was $29.4 million, or $1.11 per diluted share, compared to third quarter 2019 net income of $16.3 million, or $0.62 per diluted share.
