Arcosa Inc expected to post earnings of 52 cents a share - Earnings Preview

Arcosa

30/04/2024 22:40

* Arcosa Inc  ACA.N   ACA  is expected to show a rise in
quarterly
revenue when it reports  results on May 2 for the period ending
March 31 2024
    * The Dallas Texas-based  company is expected to report a
5.6% increase in revenue to $580.06 million from $549.2 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Arcosa Inc is for
earnings of
52 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Arcosa Inc
is
$95.00​, above​ its last closing price of $76.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.50        0.49       0.68      Beat    39.9
 Sep. 30 2023  0.68        0.67       0.73      Beat    8.6
 Jun. 30 2023  0.59        0.59       0.76      Beat    29.7​
 Mar. 31 2023  0.55        0.55       1.06      Beat    93.3
 ​​Dec.        0.20        0.21       0.24      Beat    14.3
 31 2022                                                
 Sep. 30 2022  0.61        0.62       0.70      Beat    13.2​
 Jun. 30 2022  0.47        0.46       0.84      Beat    82.6
 Mar. 31 2022  0.23        0.22       0.42      Beat    87.3
 This summary was machine generated April 30 at 21:40 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)