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Sep 30, 2021
ArcBest Q3 2021 Earnings Report
ArcBest achieved record results driven by successful growth strategy.
Key Takeaways
ArcBest reported record third quarter revenue of $1.0 billion, a 27.9% increase over the prior year. Net income improved to $63.7 million, or $2.38 per diluted share, and on a non-GAAP basis, net income was $69.2 million, or $2.59 per diluted share. The company's strategic vision and investments in innovation, technology, and logistics solutions drove the superior performance.
Third quarter revenue reached $1.0 billion, representing a 27.9 percent increase compared to the third quarter of 2020.
Net income increased to $63.7 million, or $2.38 per diluted share.
Non-GAAP net income for the third quarter was $69.2 million, or $2.59 per diluted share.
ArcBest achieved the highest quarterly revenue and operating income in its history.
Revenue by Segment
Forward Guidance
ArcBest is focused on continuing to successfully execute its growth strategy and creating sustainable value for its stakeholders, including its shareholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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