Arcosa Q2 revenue misses on lower wind tower volumes, heavy Texas rainfall
ACA•Outlook
- Arcosa suspends financial guidance due to pending merger with CRH
- Company expects to recognize 71% of utility structures backlog and 28% of wind towers backlog in 2026
Overview
- US infrastructure products firm's Q2 revenue rose 2% but missed analyst expectations
- Adjusted diluted EPS for Q2 rose 5% to $1.13
- Strong utility structures offset lower wind tower volumes and weather-hit construction materials
Result drivers
- Utility structures growth - Double-digit Adjusted EBITDA growth in utility structures offset declines elsewhere, driven by higher volumes and pricing
- Weather impact - Heavy rainfall in Texas reduced volumes in organic aggregates and asphalt businesses
- Cost management - Aggregates unit profitability improved 5% due to disciplined cost management despite higher energy costs
Key details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue |
