Arcosa: Q1 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — Arcosa Inc. (ACA) on Thursday reported first-quarter net income of $39.2 million.

The Dallas-based company said it had net income of 80 cents per share. Earnings, adjusted for non-recurring gains, came to 73 cents per share.

The provider of infrastructure-related products and services posted revenue of $598.6 million in the period.

Arcosa expects full-year revenue in the range of $2.58 billion to $2.78 billion.

Arcosa shares have decreased 6% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $77.60, a rise of 12% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACA at https://www.zacks.com/ap/ACA

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up