NYSE$ACA
Arcosa Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Arcosa's Q4 2021 results saw double-digit revenue and Adjusted EBITDA growth, driven by Construction Products and Engineered Structures, with recent acquisitions and strong fundamentals boosting Construction Products' Adjusted Segment EBITDA by 51%.
Arcosa, Inc. reported a 14% increase in revenues to $521.8 million for Q4 2021, with net income at $9.2 million and Adjusted EBITDA up 17% to $65.9 million. Strong free cash flow of $65.4 million supported debt repayment of $75.0 million.
- Revenues increased by 14% to $521.8 million.
- Net income was $9.2 million, with Adjusted Net Income at $19.2 million.
- Diluted EPS was $0.19, while Adjusted Diluted EPS increased by 21% to $0.40.
- Adjusted EBITDA increased by 17% to $65.9 million.
Headline financials
Revenue & EPS history
Arcosa · Revenue · Quarterly
$522M
Revenue by segment
Arcosa · $223M total across 2 segments · Q4 2021
- Engineered Structures$173M+7.8%77.4%
- Inland Barges$50.4M-39.2%22.6%
Forward guidance
Arcosa anticipates revenue between $2.1 billion and $2.2 billion and Adjusted EBITDA between $280 million and $305 million for FY 2022.
Tailwinds
- Continued strength in key businesses in Construction Products.
- Continued strength in key businesses in Engineered Structures.
- Mid-point of 2022 Adjusted EBITDA guidance exceeds 2021 with consistent overall margins.
- Recent deceleration in steel prices.
- Strengthening in the level of order inquiries from barge customers.
Headwinds
- Adjusted EBITDA guidance range of $20 to $25 million for wind towers business and Transportation Products segment.
- Wind towers business and Transportation Products segment Adjusted EBITDA was $129 million in 2018.
- Early indications of improvement in wind towers business is slow.
- Early indications of improvement in Transportation Products segment is slow.
- Uncertainty surrounding the tax credit for renewable energy.
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 Q4 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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