Arcosa Inc reports results for the quarter ended in March - Earnings Summary

Arcosa

27/04/2023 22:55

* Arcosa Inc  ACA.N  reported quarterly adjusted earnings of
$1.06​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
55 cents per share.
    * Revenue rose 2.5% to $549.20 million from a year ago;
analysts
expected $500.13 million. 
    * Arcosa Inc's reported EPS for the quarter was $1.14​.
    * The mean earnings estimate of analysts had risen by
about 153.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Arcosa Inc shares had fallen by 7.6% this quarter and
gained 7.3% so far this year.
    * The company reported quarterly net income of $55.7
million.
    * Wall Street's median 12-month price target for Arcosa Inc
is
$75.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 09:55 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.55           1.06           Beat
 Dec. 31 2022      0.21           0.24           Beat
 Sep. 30 2022      0.62           0.70           Beat
 Jun. 30 2022      0.46           0.84           Beat