Arcosa Inc Stock Price, News & Analysis

Arcosa, Inc. (NYSE: ACA) announced its upcoming earnings release for the first quarter ended March 31, 2023, set for April 27, 2023, after market close. The company will host an earnings call the following day at 8:30 a.m. ET to discuss its results. Investors can access the call via webcast or dial in using the provided numbers. A recorded version of the call will be made available through May 12, 2023. Arcosa, headquartered in Dallas, Texas, specializes in infrastructure-related products across three segments: Construction Products, Engineered Structures, and Transportation Products. More details can be found on their investor relations website.

Arcosa, Inc. (NYSE: ACA) has secured wind tower orders valued at approximately $750 million, set for delivery from 2024 to 2028, primarily supporting wind energy projects in the Southwest. To meet this demand, Arcosa will establish a new manufacturing facility in Belen, New Mexico, investing $55 million to $60 million in property modification and equipment procurement. This move responds to rising clean energy demand following the Inflation Reduction Act, which has already generated over $1.1 billion in wind tower orders for the company. Production is slated to commence mid-2024.

Arcosa, Inc. (NYSE: ACA) has announced a quarterly cash dividend of $0.05 per share on its common stock, with a payment date set for April 28, 2023. Shareholders of record as of April 14, 2023 will receive this dividend. Headquartered in Dallas, Texas, Arcosa focuses on infrastructure-related products across construction, engineered structures, and transportation sectors. The company operates through three main segments: Construction Products, Engineered Structures, and Transportation Products.