Arcosa, Inc. - ACA STOCK NEWS

Arcosa, Inc. (NYSE: ACA) plans to release its fourth quarter and full year 2021 results on February 23, 2022. An earnings call is scheduled for February 24, 2022 at 8:30 a.m. ET to discuss the results. The call can be accessed via webcast on the company's investor relations site. Dial-in options are available, with a conference ID of ARCOSA and passcode 842365. A recording will be accessible through March 10, 2022. Arcosa specializes in infrastructure-related products across construction, engineered structures, and transportation markets.

Arcosa, Inc. (NYSE: ACA) announced the election of Julie Piggott to its Board of Directors as an independent member, effective December 9, 2021. Piggott, formerly the Executive Vice President and CFO of BNSF Railway Company, brings extensive strategic and financial experience to the board. Her addition expands the board to ten members, and she will also serve on the Audit Committee. Non-Executive Chairman Rhys J. Best expressed confidence in Piggott's ability to enhance value for shareholders.

Arcosa, Inc. (NYSE: ACA) has announced a regular quarterly cash dividend of $0.05 per share on its $0.01 par value common stock. This dividend is payable on January 31, 2022 to stockholders of record as of January 14, 2022. Arcosa is a provider of infrastructure-related products with key market positions in construction, engineered structures, and transportation. The company's financial reporting encompasses three main segments: Construction Products, Engineered Structures, and Transportation Products.

Arcosa, Inc. (NYSE: ACA) reported third-quarter results for 2021, highlighting a 14% increase in revenues to $559.1 million. Net income stood at $23.7 million, with Adjusted EBITDA rising 12% to $82.0 million. Construction Products revenue surged 55% due to acquisitions and strong organic growth, while Engineered Structures revenue increased 12%. In contrast, Transportation Products saw a 32% revenue decline, primarily due to lower barge deliveries. The company adjusted its 2021 Adjusted EBITDA guidance down slightly to between $272 million and $280 million, influenced by anticipated lower deliveries in 2022.

Arcosa, Inc. (NYSE: ACA) has appointed Kimberly S. Lubel to its Board of Directors as an independent member, effective immediately. She will join the Human Resources Committee, filling the void left by David W. Biegler's retirement on September 21, 2021. Lubel brings extensive experience from her leadership roles at CST Brands and Valero Energy. Joseph Alvarado will succeed Biegler as Chairman of the Human Resources Committee. The board has expressed gratitude towards Biegler for his leadership and contribution towards shareholder value during his tenure.

Arcosa, Inc. (NYSE: ACA) will release its third quarter results for the period ended September 30, 2021, after market close on November 3, 2021. An earnings call will follow on November 4, 2021, at 8:30 a.m. ET. Details for accessing the call include a webcast available on the company's website and options for domestic and international dial-in. A replay will be available for a limited time. Arcosa focuses on infrastructure-related products across construction, engineered structures, and transportation markets.

Arcosa, Inc. (NYSE: ACA) has declared a quarterly cash dividend of $0.05 per share on its $0.01 par value common stock. The dividend is payable on October 29, 2021, to stockholders of record as of October 15, 2021. Based in Dallas, Texas, Arcosa provides infrastructure-related products and solutions across construction, engineered structures, and transportation markets.

Arcosa has reported its Q2 2021 results, showing revenues of $515.1 million (+3% YoY) and a net income of $20.8 million. The company also announced the acquisition of Southwest Rock for $150 million, expected to strengthen its position in the Phoenix market. Construction Products revenues surged 38% due to the StonePoint acquisition, while Transportation Products faced challenges with a 47% revenue decline. Adjusted EBITDA guidance for 2021 remains at $270-$290 million, despite market pressures from high steel prices. The acquisition supports Arcosa's strategy to enhance revenue stability.

Arcosa (NYSE: ACA) will release its second quarter results for the period ending June 30, 2021, on August 4, 2021, after market close. An earnings call is scheduled for August 5, 2021, at 8:30 a.m. ET, which can be accessed via webcast or phone. Domestic callers can dial 866-342-8588, while international callers can reach 203-518-9865. A recording of the call will be available until August 19, 2021. Arcosa operates in construction, engineered structures, and transportation markets, providing infrastructure-related products and solutions.