Benzinga | Jul 29, 2020 06:10AM EDT

ArcBest Q2 Adj. EPS $0.67 Does Not Compare To $(0.01) Estimate, Sales $627.40M Miss $641.55M Estimate

ArcBest (NASDAQ:ARCB) reported quarterly earnings of $0.67 per share which beat the analyst consensus estimate of $(0.01) by 6800 percent. This is a 27.17 percent decrease over earnings of $0.92 per share from the same period last year. The company reported quarterly sales of $627.40 million which missed the analyst consensus estimate of $641.55 million by 2.21 percent. This is a 18.68 percent decrease over sales of $771.49 million the same period last year.