ArcBest Corp（納斯達克股票代碼：ARCB）在報告了超出預期的2024年第四季度業績後，股價上漲。 公司報告第四季度收入同比下降8.1%至10.01億美元，高於市場共識的9.94994億美元。營業收入同比下降40.6%，至3816萬美元。 按業務部門劃分：基於資產的收入爲6.5622億美元，同比下降7.6%（按日計算下降7.6%）；輕資產收入爲3.7543億美元，同比下降9.2%（按日計算下降9.2%）。基於資產的業務每日總噸數下降7.3%，每日總運輸量下降1.1%。續簽合同的價格上漲了4.5%，但較低的燃料成本限制了整體收益，使得LTL價格保持穩定。 同時，由於運輸費率下降和較高比例的小型管理運輸，輕資產業務的收入下降，每日運輸量下降2.1%。 第四季度的運輸量較第三季度下降了1.4%，但每日收入上升了0.6%，因爲每次運輸的收入增加了2%。較高的運輸成本壓縮了利潤率，導致200萬美元的營業虧損增加。 來自持續經營業務的調整後 EBITDA 從一年前的1.13567億美元下降到7399萬美元，季度利潤率收縮了304個基點至7.4%。 調整後的每股收益爲1.33美元，去年同期爲2.47美元，高於市場共識的1.04美元。 ArcBest 2025財政年度的經營現金流總額爲2.85846億美元，而去年同期爲3.22167億美元。截至12月底，公司持有的現金和現金等價物爲1.2744億美元。 2024年，ArcBest 通過回購和分紅向股東返還了超過8500萬美元，並進行了增長投資。截至2025年1月29日，尚餘4870萬美元可用於回購。 股價反應：截至上次查看，ARCB 股價在週五的盤前交易中上漲了1.80%，至94.51美元。 照片來源：Shutterstock

以上內容來自Benzinga Earnings專欄，原文如下：

ArcBest Corp (NASDAQ:ARCB) shares are trading higher after the company reported better-than-expected fourth-quarter 2024 results.

The company reported a fourth-quarter revenue decline of 8.1% year over year to $1.001 billion, beating the consensus of $994.994 million.

The operating income declined 40.6% YoY to $38.16 million

Sales by segments: Asset-Based $656.22 million, down 7.6% YoY (per-day decrease of 7.6%) and Asset-Light $375.43 million, down 9.2% YoY (per-day decrease of 9.2%).

Asset-based business total tonnage per day decreased by 7.3%, and total shipments per day fell by 1.1% YoY. Pricing rose 4.5% on renewals, but lower fuel costs limited overall gains, keeping LTL pricing stable.

Meanwhile, asset-light revenues declined due to lower shipment rates and a higher mix of smaller managed transportation shipments. Daily shipments fell 2.1%.

Fourth-quarter shipments fell 1.4% from the third quarter, but daily revenue rose 0.6% as revenue per shipment increased by 2%. Higher transport costs compressed margins, driving a $2 million operating loss increase.

Adjusted EBITDA from continuing operations declined to $73.99 million from $113.567 million a year ago, and the margin contracted by 304 bps to 7.4% for the quarter.

Adjusted EPS was $1.33 compared to $2.47 a year ago, beating the consensus of $1.04.

ArcBest’s operating cash flow for fiscal 2025 totaled $285.846 million, compared to $322.167 million a year ago. As of the end of December, the company held cash and equivalents of $127.44 million.

ArcBest returned over $85 million to shareholders in 2024 through buybacks and dividends while investing in growth. As of January 29, 2025, $48.7 million remained for repurchases.

Price Action: ARCB shares traded higher by 1.80% at $94.51 premarket at the last check Friday.

Photo: Shutterstock