Arcosa Inc
ACA
ISIN US0396531008 / Valor 43901698
Arcosa Inc
UMushroom community rating:
About company
Arcosa Inc is a provider of infrastructure-related products and solutions with leading brands serving construction, engineered structures, and transportation markets. The company's individual businesses have established reputations for quality, service, and operational excellence over many years. Arcosa serves a wide range of infrastructure-related markets and is strategically focused on driving organic growth and disciplined acquisitions to take advantage of the fragmented nature of the industries in which it operates. The company's President of Energy Equipment is Kerry S. Cole, while Jesse E. Collins, Jr. serves as the President of Transportation Products. Antonio Carrillo is the President and Chief Executive Officer of Arcosa Inc.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (14.08.2024):
Record Quarterly Revenues
Arcosa Inc. reported record quarterly revenues of $664.7 million for the second quarter of 2024, marking a 14% increase from $584.8 million in the same period of 2023. This growth was driven by solid organic growth and contributions from recent acquisitions.
Net Income Increase
For the second quarter of 2024, Arcosa Inc. achieved a net income of $45.6 million, an 11% rise compared to $40.9 million in the second quarter of 2023. This increase reflects the company's strong operational performance and strategic acquisitions.
Adjusted EBITDA Growth
Arcosa Inc. reported a 31% growth in Adjusted EBITDA, reaching $112.7 million in the second quarter of 2024, up from $85.8 million in the same quarter of the previous year. The Adjusted EBITDA margin also expanded by 230 basis points to 17.0%.
Free Cash Flow Decline
Despite strong revenue and income growth, Arcosa Inc. experienced a significant decline in free cash flow, reporting $(6.1) million for the second quarter of 2024, down from $75.6 million in the same period of 2023. This was primarily due to an increase in working capital.
Raised Full Year Guidance
Arcosa Inc. raised the low end of its full-year 2024 Adjusted EBITDA guidance to $420 million from the previous $410 million, reflecting the strong second-quarter results. The company now expects a full-year Adjusted EBITDA range of $420 million to $440 million.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4885 M
Market cap (USD)
26,121
Daily traded volume (Shares)
100.05 / 98.14
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
