Arcosa(ACA)

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Arcosa Acquires Stavola for $1.2B, Divests Steel Components Business
ZACKS· 2024-10-02 17:25
Arcosa, Inc. (ACA) recently acquired the construction materials business of Stavola Holding Corporation and its affiliated entities (Stavola) for $1.2 billion.This apart, ACA completed the previously announced sale of its steel components business on Aug. 16, 2024.Buyout SynergiesThe acquisition was funded with a $600 million 6.875% Senior Note issuance (due 2032), which closed on Aug. 26, 2024, and a pre-payable $700 million variable-rate senior secured Term Loan B Facility (due 2031), which was funded con ...
Arcosa: Acquisition Of Stavola Is Expected To Strengthen Its Construction Products Segment
Seeking Alpha· 2024-08-09 15:00
Miguel Perfectti Synopsis Arcosa (NYSE:ACA) is an established provider of infrastructure-related products and solutions to the North American construction, transportation, and engineered structures markets. For 2Q24, ACA’s consolidated revenue increased by 13.7%. This growth was driven by all three of its segments, each of which experienced year-over-year revenue increases. Additionally, both adjusted EBITDA margin and adjusted net income margin expanded year-over-year. This quarter reported record reve ...
Arcosa(ACA) - 2024 Q2 - Quarterly Report
2024-08-02 15:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ . Commission File Number 1-38494 Arcosa, Inc. (Exact name of registrant as specified in its charter) Delaware 82-5339416 (State or Other ...
Arcosa (ACA) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-08-01 23:05
Arcosa (ACA) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.33%. A quarter ago, it was expected that this provider of infrastructure-related products and services would post earnings of $0.57 per share when it actually produced earnings of $0.73, delivering a surprise of 28.07%.Ove ...
Arcosa(ACA) - 2024 Q2 - Quarterly Results
2024-08-01 20:21
Exhibit 99.1 News Release FOR IMMEDIATE RELEASE Arcosa, Inc. Announces Second Quarter 2024 Results – Record Quarterly Revenues and Adjusted EBITDA, Driven by Solid Organic Growth and Contribution from Acquisitions – Adjusted EBITDA Growth of 31% and 230 Basis Points of Margin Expansion – Raised Low End of Full Year 2024 Adjusted EBITDA Guidance Reflecting Strong Second Quarter Results – Healthy Balance Sheet with Net Debt to Adjusted EBITDA of 1.5x Provides Support for Acquisition Financing – In a Separate ...
Arcosa (ACA) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2024-06-06 17:01
Core Viewpoint - Arcosa (ACA) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Outlook - The Zacks rating upgrade reflects optimism about Arcosa's earnings potential, which could lead to increased buying pressure and a rise in stock price [2]. - Arcosa is expected to earn $3.58 per share for the fiscal year ending December 2024, representing a year-over-year increase of 10.8% [5]. Earnings Estimate Revisions - Over the past three months, the Zacks Consensus Estimate for Arcosa has increased by 6.1%, indicating a positive trend in earnings estimates [5]. - The change in earnings estimates is strongly correlated with near-term stock price movements, particularly influenced by institutional investors [3][4]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [4]. - Arcosa's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for price appreciation in the near term [7].
Best Value Stocks to Buy for June 6th
ZACKS· 2024-06-06 10:41
Here are three stocks with buy rank and strong value characteristics for investors to consider today, June 6th:Arcosa, Inc. (ACA) : This provider of construction and infrastructure related products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days.Arcosa has a price-to-earnings ratio (P/E) of 24.49, compared with 27.00 for the industry. The company possesses a Value Score of B.Reliance, Inc. (RS) : This diversified me ...
Zacks Industry Outlook Owens Corning, Armstrong World Industries, Knife River, Arcosa and Frontdoor
zacks.com· 2024-05-22 10:06
For Immediate Release Chicago, IL – May 22, 2024 – Today, Zacks Equity Research discusses Owens Corning (OC) , Armstrong World Industries, Inc. (AWI) , Knife River Corp. (KNF) , Arcosa, Inc. (ACA) and Frontdoor, Inc. (FTDR) . Industry: Building Products Link: https://www.zacks.com/commentary/2276533/top-5-stocks-to-buy-in-the-flourishing-building-productsindustry Increased government infrastructure spending is bolstering companies in the Zacks Building Products - Miscellaneous industry. Although potential c ...
Top 5 Stocks to Buy in the Flourishing Building Products Industry
zacks.com· 2024-05-21 17:26
Increased government infrastructure spending is bolstering companies in the Zacks Building Products - Miscellaneous industry. Although potential challenges like macroeconomic uncertainties, high rates, low consumer confidence, new product investments, and rising raw material costs could squeeze margins, firms such as Owens Corning (OC) , Armstrong World Industries, Inc. (AWI) , Knife River Corporation (KNF) , Arcosa, Inc. (ACA) and Frontdoor, Inc. (FTDR) stand to gain from improved residential market, opera ...
Arcosa (ACA): Strong Industry, Solid Earnings Estimate Revisions
Zacks Investment Research· 2024-05-13 13:40
One stock that might be an intriguing choice for investors right now is Arcosa, Inc. (ACA) . This is because this security in the Building Products - Miscellaneous space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in t ...