Arcosa Q1 revenue, adjusted EPS ease past estimates

Arcosa

30/04/2026 21:44

Overview

U.S. infrastructure products provider's Q1 revenue and adjusted EPS beat analyst expectations

Company raised full-year 2026 revenue and adjusted EBITDA guidance after strong Q1

Arcosa repurchased $17.5 mln in shares

Outlook

Arcosa raises 2026 revenue guidance to $2.6 bln-$2.7 bln for continuing operations

Company lifts 2026 adjusted EBITDA outlook to $545 mln-$585 mln for continuing operations

Arcosa expects robust demand in utility structures and power markets to support results

Result Drivers

UTILITY STRUCTURES GROWTH - Co said robust growth and margin expansion in utility structures led Q1 results, with record revenue and backlog

SHORING PRODUCTS - Shoring products revenue grew 26%, partially offsetting lower asphalt revenues due to cold weather

GRID MODERNIZATION DEMAND - Accelerating demand for utility structures tied to grid modernization and increased power needs drove results in Engineered Structures

Company press release: ID:nBw5lwXPBa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$663.3 mln
$623.38 mln (5 Analysts)
Q1 Adjusted Diluted EPS
Beat
$0.81
$0.37 (6 Analysts)
Q1 Diluted EPS
$0.77
Q1 Adjusted Net Income
Beat
$39.6 mln
$20.68 mln (4 Analysts)
Q1 Net Income
$37.8 mln
Q1 Adjusted EBITDA
Beat
$121.3 mln
$101.80 mln (5 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "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 $129.50, about 11.2% above its April 29 closing price of $116.45

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 22 three months ago

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.)