ArcBest Corp. (ARCB), an integrated logistics company, on Friday reported net loss in the fourth quarter compared with the previous year.
For the fourth quarter, net loss from continuing operations came in at $8.12 million compared with income of $29.04 million in the previous year.
Loss per share was $0.36 versus earnings per share of $1.24 last year.
Adjusted net income decreased to $8.24 million from $31.20 million in the prior year.
Adjusted earnings per share were $0.36 versus $1.33 last year.
On average, thirteen analysts had expected the company to report $0.42 per share. Analysts' estimates typically exclude special items.
Adjusted EBITDA declined to $51.52 million from $74 million in the prior year.
Operating loss came in at $8.26 million compared with profit of $38.16 million in the prior year.
Revenue decreased to $972.69 million from $1 billion in the previous year.
In the pre-market trading, ArcBest is 3.88% lesser at $82 on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.