Arcosa Q2 2024 Adj. EPS $0.91 Beats $0.83 Estimate, Sales $664.700M Beat $661.540M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arcosa (NYSE:ACA) reported Q2 2024 adjusted EPS of $0.91, beating the $0.83 estimate and showing a 19.74% increase from last year. Sales were $664.7M, surpassing the $661.54M estimate and marking a 13.66% year-over-year increase.
August 01, 2024 | 8:23 pm
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POSITIVE IMPACT
Arcosa reported strong Q2 2024 results with EPS of $0.91 beating estimates by 9.64% and sales of $664.7M surpassing estimates by 0.48%. Both EPS and sales showed significant year-over-year growth.
The strong earnings and sales performance, both beating analyst estimates and showing significant year-over-year growth, are likely to positively impact Arcosa's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100