DALLAS (AP) — DALLAS (AP) — Arcosa Inc. (ACA) on Thursday reported first-quarter earnings of $37.8 million.
The Dallas-based company said it had profit of 77 cents per share. Earnings, adjusted to account for discontinued operations, came to 51 cents per share.
The provider of infrastructure-related products and services posted revenue of $571.7 million in the period.
Arcosa expects full-year revenue in the range of $2.6 billion to $2.7 billion.
Arcosa shares have increased 19% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $126.47, a rise of 58% in the last 12 months.
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