ArcBest (ARCB) Reports Q4 2024 Earnings with Revenue Decline and Operating Ratio Increase
ArcBest (ARCB) reported Q4 2024 revenue of $1 billion, an 8% year-over-year decline, with non-GAAP operating income falling to $41 million from $82 million. Adjusted earnings per share dropped to $1.33 from $2.47, while the asset-based segment's operating ratio rose to 92%, up 430 basis points year-over-year. The results reflect challenges in revenue growth and rising costs.
Tickers: $ARCB
Topics: earnings financial performance operating income operating ratio revenue