ArcBest Corp（纳斯达克股票代码：ARCB）在报告了超出预期的2024年第四季度业绩后，股价上涨。 公司报告第四季度收入同比下降8.1%至10.01亿美元，高于市场共识的9.94994亿美元。营业收入同比下降40.6%，至3816万美元。 按业务部门划分：基于资产的收入为6.5622亿美元，同比下降7.6%（按日计算下降7.6%）；轻资产收入为3.7543亿美元，同比下降9.2%（按日计算下降9.2%）。基于资产的业务每日总吨数下降7.3%，每日总运输量下降1.1%。续签合同的价格上涨了4.5%，但较低的燃料成本限制了整体收益，使得LTL价格保持稳定。 同时，由于运输费率下降和较高比例的小型管理运输，轻资产业务的收入下降，每日运输量下降2.1%。 第四季度的运输量较第三季度下降了1.4%，但每日收入上升了0.6%，因为每次运输的收入增加了2%。较高的运输成本压缩了利润率，导致200万美元的营业亏损增加。 来自持续经营业务的调整后 EBITDA 从一年前的1.13567亿美元下降到7399万美元，季度利润率收缩了304个基点至7.4%。 调整后的每股收益为1.33美元，去年同期为2.47美元，高于市场共识的1.04美元。 ArcBest 2025财政年度的经营现金流总额为2.85846亿美元，而去年同期为3.22167亿美元。截至12月底，公司持有的现金和现金等价物为1.2744亿美元。 2024年，ArcBest 通过回购和分红向股东返还了超过8500万美元，并进行了增长投资。截至2025年1月29日，尚余4870万美元可用于回购。 股价反应：截至上次查看，ARCB 股价在周五的盘前交易中上涨了1.80%，至94.51美元。 照片来源：Shutterstock

以上内容来自Benzinga Earnings专栏，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