Arcosa (ACA) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 47.92%. A quarter ago, it was expected that this provider of infrastructure-related products and services would post earnings of $0.38 per share when it actually produced earnings of $0.44, delivering a surprise of 15.79%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Arcosa, which belongs to the Zacks Building Products – Miscellaneous industry, posted revenues of $488.20 million for the quarter ended March 2020, surpassing the Zacks Consensus Estimate by 2.80%. This