ArcBest, a multi-billion dollar logistics company based in Fort Smith, has released its earnings report for the second quarter of 2022. Highlights include: Second quarter 2022 revenue was 1.4 billion, up $444 million or 46.8% from second quarter 2021.…
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J.B. Hunt Announces First Quarter 2022 Earnings, Revenue Increases
by AMP Staffby AMP StaffJ.B. Hunt announced its first quarter 2022 earnings and revenue increases on Monday April 18. The company’s Q1 2022 earnings increased 65.9 percent from first quarter of 2021. Earning expectations at J.B. Hunt were $1.94 per share, and revenue expectations…
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Revenue Continues to Rise in Arkansas with Year’s Surplus Growing to $980 Million
by Tyler Haleby Tyler HaleArkansas’ coffers grew in May, with the state’s net available general revenue totaling $655.2 million. For the month, Arkansas was 67.1 percent, or $263.2 million, above the state’s forecast for May’s revenue. Compared to May 2020, the state was up…
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Arkansas Exceeds Net Revenue Forecast by $716 Million in Latest Report
by Tyler Haleby Tyler HaleArkansas has exceeded its net revenue forecast by more than $716 million. The latest General Revenue Report, released Tuesday, May 4, shows that Arkansas has a year-to-date net available general revenue of $5.4495 billion. Compared to the same time in…
Revenues for August 2020 were up more than nine percent above the state’s forecast. The Arkansas Department of Finance and Administration reported that the state pulled in $485.5 million in revenue for August 2020. This total was $41 million –…
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House Report: Revenue Reports Show Growth in State’s Economy
by AMP Staffby AMP StaffMonthly revenue reports help to give us a picture of the state’s economy. The reports show us if Arkansans are making more, spending more, and if businesses are doing well. Recent reports have created an optimistic outlook. Five months into…