Benzinga | Jul 30, 2021 10:28AM EDT

A Preview Of ArcBest's Earnings

On Monday, August 02, ArcBest (NASDAQ:ARCB) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Sell-side analysts expect ArcBest's EPS to be near $1.61 on sales of $915.95 million. ArcBest earnings in the same period a year ago was $0.67 per share. Quarterly sales came in at $627.37 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Monday, earnings would be up 140.3%. Revenue would be up 46.0% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 0.58 0.92 0.79 -0.01EPS Actual 1.01 0.97 1.22 0.67Revenue Estimate 812.30 M 800.21 M 774.39 M 641.55 MRevenue Actual 829.21 M 816.41 M 794.98 M 627.37 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-datewith the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of ArcBest were trading at $59.38 as of July 29. Over the last 52-week period, shares are up 88.31%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. ArcBest is scheduled to hold the call at 09:30:00 ET and can be accessed here.