NYSE$ACA
Arcosa Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Arcosa's Q3 2021 results were announced, featuring double-digit growth in revenues and Adjusted EBITDA, driven by Construction Products and Engineered Structures.
Arcosa reported strong Q3 2021 results, with revenues up 14% to $559.1 million and Adjusted EBITDA up 12% to $82.0 million. The growth was primarily driven by the Construction Products and Engineered Structures segments, offsetting lower results in Transportation Products. The company is managing inflationary pressures by raising prices and aligning capacity with demand.
- Revenues increased by 14% to $559.1 million.
- Net income reached $23.7 million, with an Adjusted Net Income of $27.8 million.
- Adjusted EBITDA grew by 12% to $82.0 million.
- The company received approximately $175 million in wind tower orders, providing a base level of production visibility for 2022.
Headline financials
Revenue & EPS history
Arcosa · Revenue · Quarterly
$559M
Revenue by segment
Arcosa · $248M total across 2 segments · Q3 2021
- Engineered Structures$189M-14.9%76.4%
- Inland Barges$58.4M-51.6%23.6%
Forward guidance
Arcosa expects to incur costs related to adjusting wind tower capacity in the fourth quarter, leading to a tightening in its 2021 full year Adjusted EBITDA guidance range to $272 million to $280 million. The Company is maintaining its 2021 Adjusted Segment EBITDA guidance for Transportation Products of approximately $25 million.
Tailwinds
- Healthy market drivers across key growth businesses, Construction Products and Engineered Structures.
- Incredible portfolio of businesses, geared toward attractive infrastructure markets.
- Dedication and hard work of employees has positioned Arcosa for continued long-term growth.
Headwinds
- Costs related to adjusting wind tower capacity in anticipation of lower planned deliveries in 2022.
- Challenges in certain other business lines.
- Tightening in its 2021 full year Adjusted EBITDA guidance range to $272 million to $280 million compared to its previous range of $270 million to $290 million.
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 2021
+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
| Quarter | Report date | Reaction (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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