Arcosa reports Q4 adjusted EPS 46c, consensus 76c

Reports Q4 revenue $666.2M, consensus $690.28M. Antonio Carrillo, President and Chief Executive Officer, noted, “2024 was a transformative year for Arcosa (ACA) as we undertook strategic actions to enhance our growth businesses, reduce cyclicality, and drive margin expansion across the organization. Notably, the acquisition of aggregates-led Stavola, which we completed at the start of the fourth quarter, provided entry into the nation’s largest MSA with increased exposure to lower volatility, infrastructure-driven end markets. Earlier in the year, we completed the acquisition of Ameron Pole Products which enhanced the growth profile of our Engineered Structures segment. We also divested certain non-core assets during the year to further optimize our portfolio, including the sale of our cyclical steel components business within the Transportation Products segment.