Arcosa Q2 revenue misses on lower wind tower volumes, heavy Texas rainfall

Arcosa

05/08/2026 21:44

Overview
US infrastructure products firm's Q2 revenue rose 2% but missed analyst expectations
Adjusted diluted EPS for Q2 rose 5% to $1.13
Strong utility structures offset lower wind tower volumes and weather-hit construction materials

Outlook
Arcosa suspends financial guidance due to pending merger with CRH
Company expects to recognize 71% of utility structures backlog and 28% of wind towers backlog in 2026

Result Drivers
UTILITY STRUCTURES GROWTH - Double-digit Adjusted EBITDA growth in utility structures offset declines elsewhere, driven by higher volumes and pricing
WEATHER IMPACT - Heavy rainfall in Texas reduced volumes in organic aggregates and asphalt businesses
COST MANAGEMENT - Aggregates unit profitability improved 5% due to disciplined cost management despite higher energy costs

Company press release: ID:nBw7G8l4Ca

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$658.70 mln
$687.50 mln (4 Analysts)
Q2 Net Income
 
$328.50 mln
 
Q2 Adjusted EBITDA Margin
 
22.10%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy"
Wall Street's median 12-month price target for Arcosa, Inc. is $150.00, about 3.3% above its August 4 closing price of $145.22
The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 27 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)