Arcosa (ACA) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.68 per share a year ago.
EADSY, CSX and ACA have been added to the Zacks Rank #5 (Strong Sell) List on February 14, 2025.
A focus on operational efficiencies and higher government spending raises hope for AWI, ACA, ROAD, FTDR and SWIM.
Arcosa, Inc. (NYSE:ACA ) Q3 2024 Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Erin Drabek - Director of Investor Relations Antonio Carrillo - President and Chief Executive Officer Gail Peck - Chief Financial Officer Conference Call Participants Trey Grooms - Stephens, Inc. Ian Zaffino - Oppenheimer & Co. Inc. Brent Thielman - D.A. Davidson & Co. Operator Good morning, ladies and gentlemen, and welcome to the Arcosa, Inc. Third Quarter 2024 Earnings Conference Call.
Arcosa (ACA) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.73 per share a year ago.
Arcosa (ACA) possesses solid growth attributes, which could help it handily outperform the market.
Arcosa (ACA) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Arcosa (ACA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ACA bolsters its aggregates-led business through the Stavola acquisition.
For 2Q24, ACA's revenue increased by 13.7%, driven by growth in all three revenue segments. Additionally, its adjusted margins also expanded, driven by market recoveries and business improvements. The acquisition of Stavola is expected to expand its construction products segment. Additionally, it is also expected to increase its revenue, adjusted EBITDA, and adjusted EBITDA margin. ACA also announced its divestiture of its steel component business, which was diluting its overall margins. The proceeds will be used to pay down debt.
Arcosa (ACA) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.76 per share a year ago.
Arcosa (ACA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).