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Dec 31, 2019
ArcBest Q4 2019 Earnings Report
ArcBest's Q4 2019 performance was impacted by weaker demand and a noncash impairment charge, resulting in a net loss, while non-GAAP net income remained positive due to cost-cutting measures.
Key Takeaways
ArcBest reported Q4 2019 revenue of $717.4 million, a net loss of $5.5 million, or $0.22 per diluted share. However, on a non-GAAP basis, net income was $14.8 million, or $0.56 per diluted share. The asset-based business saw revenue decline due to weaker customer demand, while asset-light results were impacted by a noncash impairment charge.
ArcBest reported a Q4 2019 revenue of $717.4 million.
The company experienced a net loss of $5.5 million, or $0.22 per diluted share for Q4 2019.
Non-GAAP net income for Q4 2019 was $14.8 million, or $0.56 per diluted share.
Asset-light segment was impacted by a noncash impairment charge.
Revenue by Segment
Forward Guidance
ArcBest anticipates continued strategic evolution through expanded logistics offerings and customer-centric solutions, focusing on deepening customer relationships and enhancing supply chain efficiencies.
Positive Outlook
- Expanded logistics offerings
- Customer-centric solutions
- Deepening customer relationships
- Increased supply chain efficiencies
- Growth in managed transportation and Retail+ solutions
Challenges Ahead
- No specific negatives provided in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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