These Analysts Revise Their Forecasts On ArcBest Following Q2 Results
These Analysts Revise Their Forecasts On ArcBest Following Q2 Results
ArcBest declared a quarterly cash dividend of $0.12 per share, payable on August 27, 2024.ArcBest Corporation (NASDAQ:ARCB) reported worse-than-expected second-quarter adjusted EPS results on Friday.
ArcBest公司(NASDAQ:ARCB)於週五公佈了二季度調整後的EPS結果，低於預期。
ArcBest reported a second-quarter FY24 revenue of $1.08 billion, ahead of the consensus of $1.06 billion. Adjusted EPS was $1.98 compared to $1.54 a year ago, missing the consensus of $2.06, according to data from Benzinga Pro.
根據Benzinga Pro的數據，ArcBest公佈了第二財季24財年營收爲10.8億美元，超過市場共識10.6億美元。調整後的每股收益爲1.98美元，比去年同期的1.54美元低，低於市場共識2.06美元。
Asset-Based $712.7 million (per-day decrease of 2.1%), and Asset-Light $395.8 million (per-day decrease of 4.2%). Asset-based business total tonnage per day decreased by 20.3%, and total shipments per day fell by 4.8% Y/Y.
基於資產的業務712.7百萬美元(每日下降2.1%),基於輕資產的業務395.8百萬美元(每日下降4.2%)。基於資產的業務總噸位每日下降20.3%，總髮貨量每日下降4.8%年同比。
ArcBest declared a quarterly cash dividend of $0.12 per share, payable on August 27, 2024.
ArcBest宣佈每股現金股息爲0.12美元，於2024年8月27日支付。
"I am incredibly proud of our employees' commitment to utilizing our quality process in pursuit of excellence every day. This dedication has led to significant improvements in our operational execution, with ABF Freight achieving its best on-time service performance in recent years," Judy R. McReynolds, ArcBest Chairman and CEO, said. "Furthermore, our substantial year-over-year improvement in operating income is a solid performance, especially considering ongoing macroeconomic headwinds."
"我非常自豪地看到我們的員工每天都致力於優秀的質量過程。這種付出在我們的運營執行方面帶來了顯著的改善，其中ABF Freight實現了近年來表現最好的準時服務表現，"ArcBest主席兼首席執行官Judy R. McReynolds說:"此外，我們在營業收入方面的大幅年同比改善表現非常穩健，特別是考慮到持續的宏觀經濟風險。"
ArcBest shares gained 1.3% to trade at $106.83 on Monday.
週一，ArcBest股票上漲1.3%，報106.83美元。
These analysts made changes to their price targets on ArcBest following earnings announcement.
這些分析師在業績公佈後修改了對ArcBest的價格目標。
- JP Morgan analyst Brian Ossenbeck maintained ArcBest with a Neutral rating, while increasing the price target from $127 to $134.
- TD Cowen analyst Jason Seidl maintained ArcBest with a Buy rating, while lowering the price target from $148 to $136.
- JP Morgan分析師Brian Ossenbeck維持了ArcBest的中立評級，同時將價格目標從127美元上調至134美元。
- TD Cowen分析師Jason Seidl維持了ArcBest的買入評級，同時將價格目標從148美元下調至136美元。
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