Arcosa reports Q1 adjusted EPS 73c, consensus 52c

Reports Q1 revenue $598.6M, consensus $580.06M. Commenting on the company’s performance, Antonio Carrillo, President and Chief Executive Officer, noted, “Our first quarter results were better than expected as we recovered from broad-based weather impacts in January, highlighting the earnings power of our portfolio of businesses. On an organic basis, we achieved double-digit Adjusted EBITDA growth and higher overall margin in the balance of the quarter.”