Q3 Earnings Highs And Lows: Hertz (NASDAQ:HTZ) Vs The Rest Of The Ground Transportation Stocks [Yahoo! Finance]
ArcBest Corporation (ARCB)
Last arcbest corporation earnings: 1/30 04:05 pm
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Source: Yahoo! Finance
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how ground transportation stocks fared in Q3, starting with Hertz (NASDAQ:HTZ). The growth of e-commerce and global trade continues to drive demand for shipping services, especially last-mile delivery, presenting opportunities for ground transportation companies. The industry continues to invest in data, analytics, and autonomous fleets to optimize efficiency and find the most cost-effective routes. Despite the essential services this industry provides, ground transportation companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies' offerings while fuel costs can influence profit margins. The 16 ground transportation stocks we track reported a softer Q3. As a group, revenues missed analysts' consensus estimates by 1.9%. While some ground transportation stocks have fared
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News
- Last Mile Delivery Market in North America to Grow by USD 18.78 Billion (2024-2028), Driven by US B2C E-Commerce and AI-Powered Market Evolution - Technavio [Yahoo! Finance]Yahoo! Finance
- Less-than-Truckload (LTL) Market to grow by USD 120.31 Billion (2024-2028), fueled by e-commerce growth in retail, with AI shaping market trends - Technavio [Yahoo! Finance]Yahoo! Finance
- ArcBest Faces Revenue Decline Amid Market Challenges [Yahoo! Finance]Yahoo! Finance
- LTL stocks sag on Q4 updates [Yahoo! Finance]Yahoo! Finance
- LTL carriers waiting for next demand catalyst in post-Yellow world [Yahoo! Finance]Yahoo! Finance
ARCB
Earnings
- 11/1/24 - Miss
ARCB
Sec Filings
- 12/3/24 - Form 8-K
- 11/25/24 - Form 4
- 11/22/24 - Form 144
- ARCB's page on the SEC website