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) provides essential infrastructure solutions across construction, engineered structures, and transportation markets. This news hub offers investors and industry professionals centralized access to the company's latest financial announcements, operational developments, and strategic initiatives.
Track ACA's progress through verified press releases covering quarterly earnings, product innovations, and acquisition activity. Our curated collection includes regulatory filings, leadership updates, and market analyses relevant to ACA's three core segments: construction materials, energy infrastructure components, and transportation equipment.
Key updates include project milestones in structural engineering, new contract awards, and sustainability initiatives within the infrastructure sector. Bookmark this page for real-time access to ACA's official communications and third-party analyses from trusted financial sources.
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.
Arcosa, Inc. (NYSE: ACA) has announced a definitive agreement to sell its storage tanks business to Black Diamond Capital Management for $275 million in cash. This move aligns with Arcosa's strategy to simplify its portfolio and enhance shareholder value. The storage tanks business, which reported $200 million in revenue in 2021, will continue operating in Mexico. Proceeds from the sale will be reinvested in the company's Construction Products segment, focusing on strategic growth in less cyclical markets. The transaction is expected to close later this year pending regulatory approvals.
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