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July 31, 2014
06:52 EDTARCBArcBest reports Q2 EPS 63c, consensus 72c
Reports Q2 revenue $658.6M, consensus $642.6M. The Q2 results included additional items of note: The effect of the two-class method used for calculating earnings per share, which requires the allocation of a portion of dividends and net income to unvested restricted shares in determining per common share amounts equaling 3c per share. Costs of long-term incentive plans that are driven by ArcBest's total shareholder return relative to its peer group equaling 7c per share. On a combined basis, these two items approximated 10c per share in Q2, compared to a 2c per share effect in 2Q13. These items could occur in future periods depending on financial results and changes in ArcBest's share price.
News For ARCB From The Last 14 Days
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September 18, 2014
10:00 EDTARCBOn The Fly: Analyst Upgrade Summary
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08:18 EDTARCBArcBest upgraded at Buckingham
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07:21 EDTARCBArcBest upgraded to Buy from Neutral at Buckingham
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September 15, 2014
09:59 EDTARCBOn The Fly: Analyst Downgrade Summary
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08:57 EDTARCBArcBest downgraded to Neutral from Buy at BofA/Merrill
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