Arcosa Q4 2023 Adj EPS $0.68 Beats $0.49 Estimate, Sales $582.20M Beat $554.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arcosa (NYSE:ACA) reported Q4 2023 adjusted EPS of $0.68, surpassing the $0.49 estimate, with sales of $582.20M exceeding the $554.54M forecast. This represents a 16.37% increase in sales compared to the same period last year.
February 22, 2024 | 9:20 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Arcosa reported a significant beat on both EPS and sales estimates for Q4 2023, with a notable year-over-year sales growth.
Arcosa's earnings beat and sales growth are significant indicators of the company's strong performance and potential for future growth. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in ACA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100