ArcBest (ARCB) Tops Q2 EPS by 67c, Revenues Miss
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ArcBest® Announces Second Quarter 2020 Results
July 29, 2020 6:00 AM EDTFORT SMITH, Ark., July 29, 2020 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, today reported second quarter 2020 revenue of $627.4 million compared to second quarter 2019 revenue of $771.5 million. Second quarter 2020 operating income was $20.4 million compared to operating income of $35.2 million in the same period last year. Net income was $15.9 million, or $0.61 per diluted share, compared to second quarter 2019 net income of $24.4 million, or $0.92 per diluted share.
