Arcosa reported second-quarter earnings of $1.13 per share, missing the Zacks Consensus Estimate of $1.18 per share and down from $1.27 per share a year ago. Revenue came in at $658.7 million, below the consensus estimate of $687.4 million and down from $736.9 million in the prior-year quarter. The earnings surprise was negative 4.24%, while the revenue miss was 4.17%. The company has beaten consensus EPS estimates in three of the last four quarters. Arcosa shares have gained about 36.6% year to date, outperforming the S&P 500's 13% advance.
Arcosa IncQ2 earnings and revenues missed estimates, down year over year.
Installed Building Products Inc