Arcosa, Inc. Announces First Quarter 2019 Results
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Arcosa (ACA) Tops Q1 EPS by 25c; Reaffirms
May 2, 2019 4:35 PM EDTArcosa (NYSE: ACA) reported Q1 EPS of $0.58, $0.25 better than the analyst estimate of $0.33. Revenue for the quarter came in at $410.9 million versus the consensus estimate of $391.2 million.
Arcosas first quarter results were better than our expectations, said Antonio Carrillo, President and Chief Executive Officer. This strong start to 2019 supports our confidence in our full year guidance.
We achieved year-over-year revenue growth in each of our business segments, benefitting from organic initiatives and the addition of ACG Materials, which we acquired in December 2018.
First quarter adjusted EBITDA growth outpaced revenue gains, despite start-up... More
