2020-02-26 16:20:47 ACA Arcosa
02/26/20 02/2616:20 02/26/2016:20 | Arcosa reports Q4 EPS 43c, consensus 42cReports Q4 revenue $446.9M, consensus $465.92M. The company said," Full year results reflected continued progress on our Stage One priorities and demonstrated solid execution from our operating teams. Specifically, we expanded our Construction Products business with acquisitions that provide platforms for future growth, substantially improved our Energy Equipment margins through lean manufacturing initiatives, and capitalized on the barge market recovery with revenue growth that more than offset softness in rail components. Additionally, we continued to operate effectively with a flat organizational structure and drove considerably higher free cash flow for the year as we seek to build a 'cash culture' across Arcosa." |
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