12:18 PM EDT, 04/30/2024 (MT Newswires) -- ArcBest ( ARCB ) shares slid nearly 16% in recent trading Tuesday after the company reported non-GAAP Q1 earnings of $1.34 per diluted share, down from $1.58 a year earlier.

Analysts polled by Capital IQ expected $1.53.

Revenue for the quarter ended March 31 was $1.04 billion, down from $1.11 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.04 billion.

Price: 109.27, Change: -20.19, Percent Change: -15.59