Arcosa(ACA)
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American Citizens Abroad (ACA) joins amicus brief supporting voting by U.S. citizens overseas
GlobeNewswire News Room· 2024-10-21 20:18
WASHINGTON, Oct. 21, 2024 (GLOBE NEWSWIRE) -- American Citizens Abroad (ACA) has joined parties opposing actions which would narrow the ability of U.S. citizens living overseas to vote. In Pennsylvania, steps have been taken by state officials to make it easier for voters overseas to vote. Plaintiffs in the lawsuit would narrow voter registration rules as they apply to U.S. citizens living overseas. ACA favors rules and actions that make it easier for U.S. citizens living overseas to exercise their legal ri ...
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
Investors might want to bet on Arcosa (ACA) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual in ...
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 ...