ArcBest Shares Plunge 4.01% on Missed Earnings

ArcBest (ARCB) shares fell 4.01% today, reaching their lowest level since July 2021, with an intraday decline of 6.06%.

ArcBest reported first-quarter 2025 revenue of $967.1 million, which fell short of market expectations of $986.06 million. The company also missed earnings estimates, reporting EPS of $0.51, slightly below the analyst estimate of $0.52. Despite these challenges, ArcBest has been actively addressing customer needs amidst a dynamic marketplace through collaboration and strategic focus on cost-saving measures and disciplined pricing. The company's leadership remains optimistic about future growth, supported by a strong balance sheet with approximately $450 million in available liquidity.

Ongoing macroeconomic headwinds, such as a sluggish industrial economy and low truckload market rates, continue to pose challenges.