ArcBest reports Q4 non-GAAP EPS $2.47, consensus $2.21

Reports Q4 revenue $1.1B, consensus $1.09B. “2023 was a milestone year for ArcBest as we celebrated our 100-year anniversary and again delivered solid financial results,” said CEO Judy McReynolds. “In a year marked by market disruptions and increased supply chain complexity, our people remained a critical driver of our success, helping us achieve the second best revenue performance in ArcBest’s history. In addition to significant operational and efficiency improvements in 2023, we are proud to have renewed our five-year labor agreement and received recognition for our innovation efforts and commitment to service excellence. These achievements are supported by our customer-led growth strategy and focus on shareholder value. We look forward to accelerating growth, increasing efficiency and fostering innovation as we look ahead to even greater success in our next hundred years.”