Overview
- ArcBest posted a fourth-quarter GAAP net loss of $8.12 million, or 36 cents per share, with non-GAAP net income of $8.2 million after a $9.1 million impairment charge.
- Revenue was $972.7 million, beating Wall Street forecasts but down from $1.0 billion a year earlier, and earnings per share came in below the 45-cent consensus.
- Asset-based ABF Freight increased tonnage and daily shipments, while operating income fell to $24.4 million and revenue totaled $648.8 million as yield declined.
- The asset-light segment delivered $353.5 million in revenue and a $9.9 million operating loss, reflecting a 5.8% drop in revenue per shipment.
- For 2025, revenue fell to $4.0 billion and net income to $60.1 million, and new CEO Seth Runser used his first earnings call to highlight strategic execution and future opportunities.