DALLAS (AP) — DALLAS (AP) — Arcosa Inc. (ACA) on Thursday reported second-quarter net income of $59.7 million.
On a per-share basis, the Dallas-based company said it had profit of $1.22. Earnings, adjusted for non-recurring costs, came to $1.27 per share.
The provider of infrastructure-related products and services posted revenue of $736.9 million in the period.
Arcosa expects full-year revenue in the range of $2.85 billion to $2.95 billion.
Arcosa shares have dropped 12% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $85.10, a climb of roughly 8% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACA at https://www.zacks.com/ap/ACA
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