Arcosa Q2 EPS $0.76 Beats $0.59 Estimate, Sales $584.80M Beat $575.68M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arcosa (NYSE:ACA) reported Q2 earnings of $0.76 per share, beating the analyst consensus estimate of $0.59 by 28.81%. However, this is a 8.43% decrease from the same period last year. The company also reported quarterly sales of $584.80 million, beating the analyst consensus estimate of $575.68 million by 1.58%, but this is a 2.99% decrease from the same period last year.
August 04, 2023 | 2:30 pm
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Arcosa's Q2 earnings and sales beat analyst estimates but show a decrease from the same period last year.
While Arcosa beat analyst estimates for Q2 earnings and sales, the decrease from the same period last year could potentially impact investor sentiment and the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100