Welcome to our dedicated page for Arcosa news (Ticker: ACA), a resource for investors and traders seeking the latest updates and insights on Arcosa stock.
Arcosa, Inc. (NYSE: ACA) generates news spanning three distinct infrastructure sectors: construction products, engineered structures, and transportation components. This business diversification produces announcements covering aggregates operations, wind tower orders, utility structure contracts, and quarterly financial performance.
Arcosa's Engineered Structures segment drives significant news volume through wind tower orders from renewable energy developers and utility structure contracts for transmission and distribution projects. As utilities invest in grid modernization and renewable energy capacity expands, contract announcements reveal demand trends in these markets.
Quarterly earnings releases provide segment-by-segment performance data across Construction Products, Engineered Structures, and Transportation Products. These reports detail organic growth rates, acquisition integration progress, and backlog levels that indicate future revenue visibility. Backlog announcements in utility structures and wind towers signal near-term production activity.
Acquisition news features prominently for Arcosa, which pursues a disciplined M&A strategy to consolidate fragmented markets. Announcements detail acquired businesses, purchase considerations, and expected synergies as the company expands its Construction Products footprint and geographic reach.
Dividend declarations and capital allocation announcements attract income-focused investor attention. Arcosa's quarterly dividend policy reflects cash generation across its infrastructure product businesses.
Bookmark this page to track Arcosa's infrastructure product developments, acquisition activity, contract announcements, and financial performance updates as they occur.
Arcosa, Inc. (NYSE: ACA) has appointed Steven J. Demetriou as an independent member of its Board of Directors effective February 1, 2023. He fills the vacancy left by the retirement of Douglas L. Rock on November 4, 2022. Demetriou, with over two decades in executive roles, including as Executive Chair of Jacobs, is expected to bring valuable insights to Arcosa’s Governance, Sustainability, and Human Resources Committees. His experience in leading ESG initiatives and strategic oversight is anticipated to strengthen the board's capabilities as Arcosa continues its growth in infrastructure-related products and solutions.
Arcosa, Inc. (NYSE: ACA) declared a quarterly cash dividend of $0.05 per share, payable on January 31, 2023, to stockholders of record as of January 13, 2023. Additionally, the company renewed its $50 million share repurchase program, effective from January 1, 2023 through December 31, 2024, replacing the existing program. This initiative allows for repurchases in open market or private transactions based on market evaluations.
Arcosa, Inc. (NYSE: ACA) reported Q3 2022 results, showcasing an 8% revenue increase to $603.9 million and a 35% rise in net income to $32 million. Adjusted EBITDA grew by 11% to $90.8 million, with margins expanding despite inflation. The company completed a $275 million divestiture of its storage tanks business, enhancing cash flow for reinvestment. Key growth segments included Engineered Structures, with a 42% EBITDA increase. However, challenges such as high steel prices and slowed residential construction impacted some areas. Full-year revenue guidance adjusted to $2.20-$2.25 billion.
Arcosa, Inc. (NYSE: ACA) will release its third quarter results on November 2, 2022, after market close. An earnings call will follow on November 3, 2022, at 8:30 a.m. Eastern Time. This call will discuss key financial metrics across its three business segments: Construction Products, Engineered Structures, and Transportation Products. Investors can access a recording of the call until November 17, 2022, and year-long replays will be available on their website.
Arcosa, Inc. (NYSE: ACA) has completed the sale of its storage tanks business to Black Diamond Capital Management for $275 million in cash. This move is part of Arcosa's strategy to simplify its business portfolio and enhance shareholder value. The proceeds from the sale will initially be used to repay outstanding debt, allowing the company to focus on reinvesting in its growth sectors. The expected revenue from the storage tanks business for 2022 was projected at $245-255 million, with an Adjusted EBITDA of $52-55 million.
Arcosa, Inc. (NYSE: ACA) has announced a quarterly cash dividend of
Arcosa operates in infrastructure-related markets, focusing on construction, engineered structures, and transportation products, highlighting its strategic position in essential sectors.
Arcosa, Inc. (NYSE: ACA) reported a remarkable second quarter for 2022, achieving record revenues of $602.8 million, marking a 17% increase year-over-year. Net income rose by 41% to $39 million, and Adjusted EBITDA climbed 26% to $99.2 million, yielding an Adjusted EBITDA margin of 16.5%. The company successfully navigated market demand and inflation challenges, particularly in its Engineered Structures segment, which saw a 30% EBITDA increase. Additionally, a $75 million acquisition of RAMCO expanded their recycled aggregates reach into Southern California. Revised guidance projects a full-year Adjusted EBITDA range of $325 million to $345 million.
Arcosa, Inc. (NYSE: ACA) announced it will release its second-quarter results for the period ending June 30, 2022, on August 3, 2022, after market close. An earnings call is scheduled for August 4, 2022, at 8:30 a.m. Eastern Time, accessible through webcast and dial-in options. The call will remain available for replay until August 18, 2022. Arcosa is a provider of infrastructure-related products and solutions with significant market positions across construction, engineered structures, and transportation sectors.
Arcosa, Inc. (NYSE: ACA) has declared a quarterly cash dividend of $0.05 per share on its $0.01 par value common stock. This dividend is payable on July 29, 2022, to stockholders of record as of July 15, 2022. The company, based in Dallas, Texas, specializes in infrastructure-related products and operates across three main segments: Construction Products, Engineered Structures, and Transportation Products.
Arcosa, Inc. (NYSE: ACA) reported strong first-quarter results for 2022, with revenues of $535.8 million, a 22% increase year-over-year. Net income was $20.2 million, while Adjusted EBITDA rose 30% to $73.4 million. The company has agreed to sell its storage tanks business for $275 million, enhancing portfolio focus. Construction Products saw a 38% revenue increase, driven by acquisitions and pricing gains. The company tightened its full-year Adjusted EBITDA guidance to between $290-$305 million.
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