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

Arcosa

02/11/2023 10:40

* Arcosa Inc  ACA.N  reported quarterly adjusted earnings of
73
cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of 70 cents.  The mean expectation of five analysts for the
quarter was for earnings of 67 cents per share. Wall Street
expected results to range from 66 cents to 69 cents per share.
    * Revenue fell 2% to $591.70 million from a year ago;
analysts
expected $586.10 million. 
    * Arcosa Inc's reported EPS for the quarter was 72 cents​.
    * The company reported quarterly net income of $35.5
million.
    * Arcosa Inc shares had fallen by 3.3% this quarter and
gained 28.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Arcosa Inc
is
$88.00 

This summary was machine generated from LSEG data November 2 at
10:40 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.67           0.73           Beat
 Jun. 30 2023      0.59           0.76           Beat
 Mar. 31 2023      0.55           1.06           Beat
 Dec. 31 2022      0.21           0.24           Beat