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ACA News and Press, Arcosa Inc. From 06/08/22

Stock Information

Company Name: Arcosa Inc.
Stock Symbol: ACA
Market: NYSE
Website: arcosa.com

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ACA - Legacy Housing Corporation Announces Appointment of Duncan Bates as President and Chief Executive Officer

BEDFORD, Texas, June 08, 2022 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company," NASDAQ: LEGH) today announced that Duncan Bates, a member of the Company’s Board of Directors and Senior Vice President, Mergers & Acquisitions of Arcosa, Inc. (NYSE: ACA), has been ...

ACA - Tracking ValueAct Portfolio - Q1 2022 Update

ValueAct's 13F portfolio value decreased from $8.87B to $7.27B this quarter. ValueAct increased Insight Enterprises while reducing Seagate Technology and Trinity Industries. The top three positions are Fiserv, KKR, and Seagate Technology, and they add up to ~53% of the portfolio. ...

ACA - Arcosa: Challenges Will Likely Remain

Following a strong performance in recent years, Arcosa is now faced with significant headwinds. The initial strategy of bolt-on acquisitions in the construction products segment is slowly morphing into too aggressive M&A approach. Even if headwinds for free cash flow subside, ...

ACA - Crypto Investors Hit By Pitch

Although digital assets struggled in April, volatility in this space actually declined, with the exception of the DeFi sector. Digital assets struggled through a volatile April with Bitcoin falling 16% and Ethereum 15%, the MVIS CryptoCompare Smart Contract Leaders Index down 22%, and...

ACA - Arcosa's (ACA) CEO Antonio Carrillo on Q1 2022 Results - Earnings Call Transcript

Arcosa, Inc. (ACA) Q1 2022 Earnings Conference Call April 29, 2022 8:30 AM ET Company Participants Erin Drabek – Director-Investor Relations Antonio Carrillo – President and Chief Executive Officer Gail Peck – Chief Financial Officer Conference Call Participants Ian Zaffi...

ACA - Arcosa Non-GAAP EPS of $0.42 beats by $0.20, revenue of $535.8M beats by $53.53M

Arcosa press release (NYSE:ACA): Q1 Non-GAAP EPS of $0.42 beats by $0.20. Revenue of $535.8M (+21.7% Y/Y) beats by $53.53M.FY22 Guidance: Narrows full year 2022 Adjusted EBITDA guidance range to $290 million to $305 million. Expects to update its full year 2022 guidance for the sale of its st...

ACA - Arcosa, Inc. Announces First Quarter 2022 Results

– Double-Digit Increases in Revenues and Adjusted EBITDA, Led by Construction Products and Engineered Structures – Results Ahead of Expectation on Utility Structures Performance and Solid Execution from Cyclical Businesses Despite Headwinds – Divestiture of ...

ACA - Arcosa agrees to sell storage tanks business for $275M in cash

Arcosa (NYSE:ACA) has agreed to sell its storage tanks business to Black Diamond Capital Management in a $275M cash deal. Subject to regulatory approvals in the U.S. and Mexico and other customary closing conditions, the transaction is expected to close in 2H22. Established in 1933, the stora...

ACA - Arcosa, Inc. Announces Agreement to Sell Its Storage Tanks Business for $275 Million

– Transaction Advances Portfolio Simplification and Reflects Ongoing Commitment to Shareholder Value Creation – Proceeds to be Invested in Construction Products Opportunities Arcosa, Inc. (NYSE: ACA) (“Arcosa” or the “Company”), a prov...

ACA - Arcosa, Inc. Releases 2021 Sustainability Report

Arcosa, Inc. (NYSE: ACA) (“Arcosa,” the “Company,” “We,” or “Our”), a provider of infrastructure-related products and solutions, today released its 2021 Sustainability Report. Overview Arcosa is committed to integrating...

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