Arcosa (ACA) Tops Q1 EPS by 25c; offers guidance

Arcosa (NYSE: ACA) reported Q1 EPS of $0.80, $0.25 better than the analyst estimate of $0.55. Revenue for the quarter came in at $598.6 million versus the consensus estimate of $581.54 million.

GUIDANCE:

Arcosa sees FY2024 revenue of $2.46-2.72 billion, versus the consensus of $2.555 billion.

Increased full year 2024 consolidated Adjusted EBITDA guidance to a range of $410 million to $440 million, from the prior guidance range of $380 million to $420 million. This compares to 2023 consolidated Adjusted EBITDA of $367.6 million, including $21.8 million from a land sale gain in the first quarter of 2023.

For earnings history and earnings-related data on Arcosa (ACA) click here.

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