NYSE$ACA

Arcosa Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Arcosa's Q3 2020 results demonstrated resilience with double-digit growth in revenues and adjusted EBITDA, led by construction products, and a free cash flow of $93 million.

Arcosa reported a 10% increase in revenues to $490 million and a 12% increase in Adjusted EBITDA to $73 million. Free cash flow was $93.1 million, representing a 300% conversion of net income. The company also advanced its long-term vision with acquisitions in construction products and engineered structures.

  • Revenues increased 10% to $490.0 million.
  • Net income reached $31.2 million, with Adjusted Net Income at $33.3 million.
  • Diluted EPS was $0.64, and Adjusted Diluted EPS was $0.68, unchanged year-over-year.
  • Free cash flow was $93.1 million, representing a 300% conversion of net income.

Headline financials

Total Revenue

$490M

Previous: $445M+10.1%
EPS (adj)

$0.68

Previous: $0.68+0.0%
Utility Structures Backlog

$429M

No prior period
Inland Barges Backlog

$178M

No prior period
Capital Expenditures

-$56.9M

Previous: -$61M+6.7%
Free Cash Flow

-$25.7M

Previous: -$28.3M+9.2%
Net Income

$31.2M

Previous: $32.7M-4.6%
Operating Income

$42.1M

Previous: $42.8M-1.6%
Gross Profit

$99.7M

Previous: $88.3M+12.9%
Cash & Equivalents

$189M

Previous: $128M+48.2%
Total Assets

$2.64B

Previous: $2.22B+18.8%
Stock-Based Comp

$5.2M

Previous: $4M+30.0%

Revenue & EPS history

Arcosa · Revenue · Quarterly

$490M

Q3 2020+10.1%vs Q3 2019
Beat estimate in 10 of 11 quarters(91%)
ActualEstimate

Revenue by segment

Arcosa · $343M total across 2 segments · Q3 2020

  • Engineered Structures
    $223M+5.9%
  • Inland Barges
    $121M+0.1%

Forward guidance

Arcosa did not provide specific forward guidance in this earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+1.5%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+1.3%

Avg return

30 days after

50%

18 / 36 earnings

Positive

+24.2%

Q1 2018

Best reaction

-16.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.4%+3.9%+0.2%
Q4 2025-16.3%-11.7%-19.3%
Q3 2025-1.1%+7.6%+14.3%
Q1 2025-4.5%+5.3%+4.2%
Q4 2024-8.4%-10.1%-12.7%
Q3 2024-0.7%+1.5%+15.2%
Q2 2024-14.8%-16.4%-1.5%
Q1 2024+11.7%+15.0%+15.1%
Q4 2023-0.0%+0.9%+4.0%
Q3 2023-5.7%-1.6%+9.1%
Q2 2023+2.5%+0.2%+3.6%
Q1 2023+15.8%+18.8%+15.3%
Q4 2022+10.3%+6.2%+6.3%
Q3 2022-2.7%-8.5%-2.8%
Q2 2022+13.8%+19.5%+8.9%
Q1 2022+1.8%+4.3%+3.6%
Q4 2021+5.4%+12.8%+24.5%
Q3 2021-3.0%+3.7%-0.7%
Q2 2021-4.5%-6.6%-6.0%
Q1 2021-5.0%+1.6%+0.1%
Q4 2020-12.1%+5.6%+3.1%
Q3 2020-1.1%+1.9%+18.2%
Q2 2020-1.8%-0.1%+8.1%
Q1 2020-3.3%-10.5%-2.7%
Q4 2019+3.7%+7.0%-11.3%
Q3 2019+3.8%+6.0%+6.0%
Q2 2019-6.2%-8.1%-13.4%
Q1 2018+24.2%+19.8%+11.9%
Q1 2019+20.7%+18.0%+9.3%
Q4 2016+6.4%+8.7%-4.2%
Q2 2018+6.4%+8.7%-4.2%
Q2 2017+6.4%+8.7%-4.2%
Q1 2017+6.4%+8.7%-4.2%
Q4 2018+6.1%+10.6%-3.2%
Q3 2017+1.5%-1.9%-21.1%
Q3 2018+1.5%-1.9%-21.1%

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