ACA

Arcosa, Inc. (NYSE:ACA) shareholders approved the proposed acquisition by CRH plc (NYSE:CRH) on September 4. The merger agreement received 39,595,867 votes in favor, compared with 66,113 against and 16,786 abstentions. Approximately 39.7 million shares, representing 80.8% of shares outstanding as of the record date, were present or represented by proxy. The vote satisfies a major condition for the all-cash transaction. CRH plc (NYSE:CRH) agreed to pay $150 per share, valuing Arcosa, Inc. (NYSE:ACA) at an enterprise value of approximately $8.5 billion. The companies continue to expect a first-quarter 2027 closing, subject to required regulatory approvals and other customary conditions. CRH plc (NYSE:CRH) described the valuation as 11.5 times estimated 2026 adjusted EBITDA, a company-defined non-GAAP measure, including $175 million of targeted annual run-rate cost synergies expected by year three. CRH plc (NYSE:CRH) defines adjusted EBITDA as earnings from continuing operations before interest, taxes, depreciation, depletion and amortization, with exclusions for impairments, divestitures and investments, equity-method results, substantial acquisition costs and specified pension items. The result removes the principal seller-side approval risk. The merger no longer depends on another shareholder meeting, and support was decisive among the shares represented. Financing appears less exposed than regulatory clearance: CRH plc (NYSE:CRH) plans to use available cash and committed debt financing, while completion is not subject to a financing condition. The strategic rationale is tangible. Arcosa, Inc. (NYSE:ACA) would add 109 quarries and yards, nine asphalt plants, 19 terminals and approximately 35 million tons of 2025 aggregates shipments. CRH plc (NYSE:CRH) expects more than 265 million tons of combined annualized aggregates production. Arcosa, Inc. (NYSE:ACA) also brings engineered structures serving grid modernization, electrification and data-center construction. CRH plc (NYSE:CRH) expects the transaction to be accretive to earnings, margin and cash flow during the first 12 months after completion, before one-off transaction costs. Operational improvements, procurement benefits, greater self-supply and SG&A savings provide the stated sources of the synergy target. Shareholder approval does not resolve antitrust review. Closing still requires expiration or termination of the waiting period under the Hart-Scott-Rodino Act, approvals in specified jurisdictions, and the absence of a blocking law or court order. The initial outside date is June 21, 2027, but it automatically extends to September 21 and then December 21 if specified regulatory conditions remain outstanding while the other applicable conditions are satisfied. The first-quarter timetable is therefore a target, not a contractual deadline. The valuation also assumes integration benefits that do not exist at closing. The 11.5 times multiple includes the full $175 million annual synergy target expected by year three, making the multiple higher without those savings. Achieving the target requires successful integration, while regulatory remedies could reduce part of the strategic benefit. The buyer’s obligation to accept remedial actions is also subject to contractual limits. The filings available so far reflect positions held before Arcosa, Inc. (NYSE:ACA) shareholders approved the proposed transaction with CRH plc (NYSE:CRH). Insider Monkey’s database showed 40 hedge funds holding Arcosa, Inc. (NYSE:ACA) at the end of 2Q2026, up from 22 funds three months earlier. The vote meaningfully de-risks the proposed acquisition by removing a required approval and confirming broad shareholder support. It does not secure a first-quarter 2027 closing. Regulatory clearance is now the dominant unresolved condition. Formal antitrust decisions, any required remedies, and subsequent execution against the $175 million synergy target will determine whether the transaction delivers on its timetable and valuation case. While we acknowledge the potential of ACA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Guidewire (GWRE) Grew Fiscal 2026 ARR 19%. Can Cloud Economics Offset Slower Near-Term Growth? and Asana (ASAN) Reached a 10% Non-GAAP Operating Margin. Can Agentic Products Restore Expansion? This article is originally published at Insider Monkey.

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Arcosa (ACA) reported second quarter 2026 results that highlighted steady sales and a sharp change in reported earnings, which now give investors fresh context for the stock’s recent performance. See our latest analysis for Arcosa. Arcosa’s recent earnings release lands after a strong run in the stock, with the 90 day share price return of 23.69% and year to date share price return of 35.79% sitting alongside a 1 year total shareholder return of 49.87%. This suggests momentum has been building over both shorter and longer periods. If Arcosa’s move has you thinking about where else growth and infrastructure trends might show up in markets, it could be a good time to scan for opportunities in power grid technology and infrastructure using the Simply Wall St screener, starting with the 40 power grid technology and infrastructure stocks. After Arcosa’s strong share price run and the narrow gap between the current price and analyst targets, the real tension is where fair value sits inside a wide range of estimates. How far does that spread really stretch? Arcosa’s most followed valuation narrative puts fair value at $146, which sits just above the recent $145.01 close and frames the stock as close to fully priced with a slight margin to that estimate. Read the complete narrative. Read the complete narrative. Want to see what is built into that $146 fair value for Arcosa? The story leans heavily on margin uplift, earnings resilience, and a richer future profit multiple. Curious which financial levers need to keep working to support that view? Result: Fair Value of $146 (ABOUT RIGHT) Have a read of the narrative in full and understand what's behind the forecasts. However, Arcosa’s reliance on government funded infrastructure work and ongoing acquisition execution means that shifts in public budgets or integration setbacks could quickly challenge this fair value story. Find out about the key risks to this Arcosa narrative. While the popular Arcosa narrative circles around a fair value of about $146 based on earnings and multiples, the Simply Wall St DCF model points in a very different direction. On that cash flow view, Arcosa at $145.01 screens as overvalued compared with an estimated value of $52.17. Which story do you think fits your assumptions better? Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Arcosa for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover 53 high quality undervalued stocks. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. If this mix of optimism and concern around Arcosa leaves you on the fence, move quickly to review the underlying data and form your own stance by checking the 2 key rewards and 1 important warning sign. If Arcosa has sharpened your focus, do not stop here. Broader research using targeted stock lists can help you spot opportunities you might otherwise miss. Target potential mispricings by reviewing companies that stand out on fundamentals and valuation through the 53 high quality undervalued stocks. Strengthen your search for resilient payers by scanning for income opportunities with the 10 dividend fortresses. Prioritize stability and capital protection by checking companies that score well on risk using the 80 resilient stocks with low risk scores. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ACA. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

This article first appeared on GuruFocus. Charles M. Royce, a pioneer of small-cap investing and portfolio manager of Royce Pennsylvania Mutual Fund since 1972, recently filed his 13F for the second quarter of 2026. With a focus on companies with market capitalizations up to $5 billion (and sometimes $10 billion), Royce seeks "terrific stocks trading for less than the estimate of the company's worth as a business." His philosophy emphasizes a strong balance sheet, a record of success, and profitable future potential. This quarter, his most impactful move was a significant reduction in Catalyst Pharmaceuticals Inc (NASDAQ:CPRX), which had a -0.42% impact on his portfolio. Warning! GuruFocus has detected 7 Warning Signs with ACA. Is ACA fairly valued? Test your thesis with our free DCF calculator. Chuck Royce (Trades, Portfolio) added a total of 74 stocks to his portfolio during the quarter. The most significant additions include: The largest new position was in Manhattan Associates Inc (NASDAQ:MANH), with 314,304 shares, accounting for 0.35% of the portfolio and a total value of $43.77 million. The second largest addition was Yesway Inc (NYSE:YSWY), consisting of 1,493,949 shares, representing approximately 0.24% of the portfolio, with a total value of $30.33 million. The third largest addition was Natural Grocers by Vitamin Cottage Inc (NYSE:NGVC), with 600,263 shares, accounting for 0.15% of the portfolio and a total value of $18.62 million. Royce also increased stakes in a total of 360 stocks. The most notable increases were: MSA Safety Inc (NYSE:MSA) saw an additional 221,572 shares, bringing the total to 337,968 shares. This adjustment represents a significant 190.36% increase in share count, a 0.31% impact on the current portfolio, and a total value of $59.00 million. Dorman Products Inc (NASDAQ:DORM) received an additional 207,560 shares, bringing the total to 824,216 shares. This represents a 33.66% increase in share count, with a total value of $112.46 million. Royce completely exited 101 holdings in the second quarter of 2026. The most impactful exits include: TransMedics Group Inc (NASDAQ:TMDX): Royce sold all 244,382 shares, resulting in a -0.24% impact on the portfolio. Seneca Foods Corp (NASDAQ:SENEA): Royce liquidated all 109,789 shares, causing a -0.16% impact on the portfolio. Royce also reduced positions in 233 stocks. The most significant changes include: Reduced Catalyst Pharmaceuticals Inc (NASDAQ:CPRX) by 1,731,264 shares, resulting in an -82.84% decrease in shares and a -0.42% impact on the portfolio. The stock traded at an average price of $29.44 during the quarter and has returned 22.82% over the past 3 months and 34.92% year-to-date. Reduced Cohu Inc (NASDAQ:COHU) by 1,089,687 shares, resulting in a -53.74% reduction in shares and a -0.33% impact on the portfolio. The stock traded at an average price of $49.67 during the quarter and has returned 18.85% over the past 3 months and 150.06% year-to-date. At the end of the second quarter of 2026, Royce's portfolio included 748 stocks. The top holdings were Arcosa Inc (NYSE:ACA) at 1.16%, Quaker Houghton (NYSE:KWR) at 1.1%, MKS Instruments Inc (NASDAQ:MKSI) at 0.94%, JBT Marel Corp (NYSE:JBTM) at 0.92%, and Dorman Products Inc (NASDAQ:DORM) at 0.91%. The holdings are mainly concentrated across 11 industries: Industrials, Technology, Financial Services, Consumer Cyclical, Healthcare, Basic Materials, Consumer Defensive, Energy, Communication Services, Real Estate, and Utilities.

Arcosa (ACA) came out with quarterly earnings of $1.13 per share, missing the Zacks Consensus Estimate of $1.18 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -4.24%. A quarter ago, it was expected that this provider of infrastructure-related products and services would post earnings of $0.13 per share when it actually produced earnings of $0.51, delivering a surprise of +292.31%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Arcosa, which belongs to the Zacks Building Products - Miscellaneous industry, posted revenues of $658.7 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 4.17%. This compares to year-ago revenues of $736.9 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Arcosa shares have added about 36.6% since the beginning of the year versus the S&P 500's gain of 13%. While Arcosa has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Arcosa was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.55 on $723.9 million in revenues for the coming quarter and $4.25 on $2.62 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Building Products - Miscellaneous is currently in the top 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Installed Building Products (IBP), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6. This residential insulation installer is expected to post quarterly earnings of $2.57 per share in its upcoming report, which represents a year-over-year change of -12.9%. The consensus EPS estimate for the quarter has been revised 0.7% lower over the last 30 days to the current level. Installed Building Products' revenues are expected to be $740.43 million, down 2.6% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Arcosa, Inc. (ACA) : Free Stock Analysis Report Installed Building Products, Inc. (IBP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

DALLAS, August 05, 2026--(BUSINESS WIRE)--Arcosa, Inc. (NYSE: ACA) ("Arcosa," the "Company," "We," or "Our"), a provider of infrastructure-related products and solutions, today announced results for the second quarter ended June 30, 2026. Second Quarter 2026 Continuing Operations Highlights(1) Excludes results from the barge business in both periods. Antonio Carrillo, President and Chief Executive Officer, commented, "Our second quarter results reflect solid operational execution by our teams, driving 5 percent Adjusted EBITDA growth and 60 basis points of margin expansion. Robust double-digit Adjusted EBITDA expansion in utility structures more than offset planned lower volumes in wind towers and heavy rainfall that impacted our construction materials businesses, particularly across our Texas operations. Our aggregates business continued to improve unit profitability, which grew 5 percent, through disciplined cost management despite disruptive weather and higher energy costs year-over-year." Commenting on its previously announced transaction with CRH, which is expected to close in the first quarter of 2027, subject to customary closing conditions, including stockholder approval and required regulatory clearance, Mr. Carrillo said, "We continue to work toward completing this value-creating combination while staying focused on delivering on our business priorities for the benefit of our customers and stockholders." Second Quarter 2026 Results and Commentary All comparisons are versus the prior year quarter unless noted otherwise. Construction Products Revenues increased 1% to $357.0 million primarily due to higher volumes in trench shoring and the contributions of recent aggregates acquisitions, partially offset by lower revenues in our organic aggregates and asphalt businesses, which were impacted by wet weather during the quarter. Aggregates Freight-Adjusted Revenues decreased slightly due to 2% lower volume. Organic aggregates volumes declined mid-single digits primarily due to increased rainfall in Texas. Aggregates Freight-Adjusted Average Sales Price increased 1% as pricing was diluted by recent acquisitions. Aggregates Adjusted Cash Gross Profit Margin expanded 190 basis points to 48.1% and Adjusted Cash Gross Profit per Ton increased 5%, benefitting from a 3% reduction in unit costs despite higher energy costs. Adjusted Segment EBITDA of $100.2 million was roughly flat as improved profitability in aggregates and higher contribution from trench shoring were mostly offset by lower asphalt volumes and a less favorable project mix in our asphalt paving business. Adjusted Segment EBITDA Margin decreased 20 basis points to 28.1% from 28.3% in the prior period. Freight-Adjusted Segment EBITDA Margin was 30.0% compared to 31.0% in the prior period. Engineered Structures Revenues increased 3% to $301.7 million. For utility and related structures, revenues increased 12% driven by higher volumes and pricing in utility structures, partially offset by lower lighting and telecom revenues. In line with expectations, wind tower revenues declined 19% due to lower planned volumes. Adjusted Segment EBITDA increased 13% to $61.4 million and margin expanded 180 basis points to 20.4% driven by robust growth in utility structures, more than compensating for the expected decrease in wind towers and lower volumes in lighting and telecom. During the quarter, segment results benefited from a $13.0 million gain recognized on the sale of a parcel of undeveloped industrial land located in Mexico which has been excluded from Adjusted Segment EBITDA. Order activity for our utility structures business remains strong as our customers focus on improving and expanding the electrical grid. We ended the second quarter with record backlog for utility and related structures of $648.1 million, which is up 49% from the start of the year. We expect to recognize 71% of the backlog in 2026. The backlog for our wind towers business at the end of the quarter was $537.4 million, of which we expect to recognize 28% during 2026 and 66% during 2027. Corporate and Other Financial Notes Excluding acquisition and divestiture-related costs, which have been excluded from Adjusted EBITDA, corporate selling, general, and administrative expenses were $16.1 million, up from $15.7 million primarily due to compensation-related expenses. Acquisition and divestiture-related costs were $14.5 million in the second quarter, including those related to the pending transaction with CRH, compared to $0.5 million in the prior period. Interest expense totaled $23.1 million, a decrease of $5.4 million from the prior period primarily due to a reduction in outstanding debt year-over-year. The effective tax rate in the second quarter was 18.3% compared to 11.4% in the prior year. The increase in the effective tax rate was primarily due to a reduction in AMP tax credits due to lower wind tower volumes and a lower compensation-related benefit in the current period due to a change in timing of annual restricted stock vestings. Cash Flow and Liquidity Operating cash flow from continuing operations was $(24.7) million compared to $38.0 million in the prior period. The decline was primarily due to a $(55.5) million increase in the use of cash for working capital primarily driven by higher receivables in Engineered Structures partially offset by higher advanced billings and accrued liabilities. Capital expenditures for continuing operations in the second quarter were $58.8 million, up $31.8 million from the prior period which reflects increased investment in our core growth platforms. Free Cash Flow from continuing operations for the quarter was $(51.0) million, down from $16.8 million in the prior period. On a year-to-date basis, Free Cash Flow from continuing operations in the current period was $(29.8) million, a slight improvement from $(32.3) million in the prior period. On April 1, 2026, the Company completed the sale of its barge business for $450 million. Net cash proceeds received at closing were approximately $429.9 million, after transaction closing costs. The sale resulted in a pre-tax gain of $359.7 million, which is reflected in discontinued operations. In April 2026, the Company used $83.0 million of cash proceeds from the sale of the barge business to prepay a portion of the outstanding term loan balance. During the quarter, we completed two acquisitions within our Construction Products segment for a combined purchase price of $24.9 million. These transactions include recycled aggregates operations in New Jersey and expand our presence into Colorado. Net Debt to Adjusted EBITDA was 1.9x for the trailing twelve months. We ended the quarter with $432.1 million of cash and cash equivalents and no borrowings on our $700 million revolving credit facility. Pending Acquisition by CRH As previously announced on June 22, 2026, Arcosa and CRH have entered into a merger agreement for CRH to acquire 100% of Arcosa in an all-cash transaction for $150 per share. The transaction is expected to close in the first quarter of 2027, subject to the satisfaction or waiver of customary closing conditions, set forth in the merger agreement, including among other things approval by the Company's stockholders and the receipt of required regulatory approvals. In connection with the transaction, the Company filed a definitive proxy statement on August 3, 2026 (the "Proxy Statement") with the SEC. The Proxy Statement was first mailed to stockholders of the Company on or about August 4, 2026, which included the notice of the special meeting date on September 4, 2026 to consider the Company Stockholder Approval. Due to the pending merger, Arcosa is not hosting a quarterly conference call to review its second quarter results and is suspending its practice of providing financial guidance. Non-GAAP Financial Information This earnings release contains financial measures that have not been prepared in accordance with U.S. generally accepted accounting principles ("GAAP"). Reconciliations of non-GAAP financial measures to the closest GAAP measure are included in the accompanying tables to this earnings release. About Arcosa Arcosa, Inc. (NYSE:ACA), headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction materials and engineered structures. Beginning with the first quarter of 2026, Arcosa reports its financial results in two principal business segments: Construction Products and Engineered Structures. For more information, visit www.arcosa.com. Additional Information Regarding the Merger and Where to Find It This communication may be deemed to be solicitation material in respect of the transactions contemplated by the merger agreement. In connection with the Merger and with the solicitation of proxies for the special meeting of stockholders, the Company has filed with the SEC the Proxy Statement, and the Company may file other relevant materials with the SEC. This communication is not a substitute for the Proxy Statement or any other document that the Company may file with the SEC or mail to its stockholders in connection with the Merger. BEFORE MAKING ANY INVESTMENT OR VOTING DECISION, INVESTORS AND SECURITYHOLDERS OF THE COMPANY ARE URGED TO READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS AND DOCUMENTS INCORPORATED BY REFERENCE THEREIN, FILED OR THAT WILL BE FILED WITH THE SEC, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. A definitive Proxy Statement was mailed to the Company’s stockholders on or about August 4, 2026. Investors and securityholders may obtain the Proxy Statement free of charge from the SEC’s website or from the Company. The documents filed by the Company with the SEC may be obtained free of charge on the Company’s website at the Investor Relations section of https://ir.arcosa.com or at the SEC’s website at www.sec.gov. These documents may also be obtained free of charge from the Company by requesting them from Investor Relations by email at [email protected], or by telephone at 972.942.6500. The information included on, or accessible through, the Company’s website is not incorporated by reference into, and does not form a part of, this communication. Participants in the Solicitation The Company and its directors and executive officers may be deemed participants in the solicitation of proxies from Company stockholders in connection with the Merger. Additional information regarding the directors and executive officers of the Company, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in the Proxy Statement and other relevant materials filed with the SEC, and may be found in the Company’s definitive proxy statement for its 2026 annual meeting of stockholders, its Annual Report on Form 10-K for the year ended December 31, 2025, and subsequently filed statements of beneficial ownership on Forms 3, 4 and 5. These documents are available free of charge at the SEC’s website at www.sec.gov and from the Company as described above. No Offer or Solicitation This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Cautionary Statements Regarding Forward-Looking Statements Some statements in this release, which are not historical facts, are "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. These statements also constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Forward-looking statements include statements about Arcosa’s estimates, expectations, beliefs, intentions or strategies for the future. Arcosa uses the words "anticipates," "assumes," "believes," "estimates," "expects," "intends," "forecasts," "may," "will," "should," "guidance," "outlook," "strategy," "plans," "goal," and similar expressions to identify these forward-looking statements. Forward-looking statements speak only as of the date of this release, and Arcosa expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein, except as required by federal securities laws. Forward-looking statements are based on management’s current views and assumptions and involve risks and uncertainties that could cause actual results to differ materially from historical experience or our present expectations, including but not limited to the ability of the parties to complete the Merger on the anticipated terms and timing, or at all; the satisfaction or waiver of the conditions to the completion of the Merger, including obtaining the required Company Stockholder Approval and regulatory approvals; the risk that the Company’s stock price may fluctuate during the pendency of the Merger and may decline if the Merger is not completed; the possibility that competing offers to the Merger will be made; litigation relating to the Merger instituted against the Company or its directors or officers, including the delay, expense or other effects of any outcomes related thereto; the risk that disruptions from the Merger will harm the Company’s business, including current plans and operations, including during the pendency of the Merger; the ability of the Company to retain, motivate and hire key personnel during the pendency of the Merger; the diversion of management’s time and attention from ordinary course business operations to completion of the Merger; potential adverse reactions or changes to business relationships resulting from the announcement, pendency or completion of the Merger; certain restrictions during the pendency of the Merger that may impact the Company’s ability to pursue certain business opportunities or strategic transactions; the possibility that the Merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events, or unexpected costs, liabilities or delays associated with the transaction; the response of competitors to the transaction; the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement, including in circumstances requiring the Company to pay a termination fee; assumptions, risks and uncertainties regarding the failure to achieve the expected benefits of acquisitions or divestitures; market conditions and customer demand for Arcosa’s business products and services; the impact of Arcosa's level of indebtedness; the cyclical nature of, and seasonal or weather impact on, the industries in which Arcosa competes; competition and other competitive factors; governmental and regulatory factors; changing technologies; availability of growth opportunities; market recovery; ability to improve margins; the impact of inflation and costs of materials; restrictions or closures of critical supply routes such as the Strait of Hormuz; impacts from the Inflation Reduction Act and One Big Beautiful Bill Act; the delivery or satisfaction of any backlog or firm orders; the impact of pandemics on Arcosa’s business; the impact of tariffs; and Arcosa’s ability to execute its long-term strategy, and such forward-looking statements are not guarantees of future performance. For further discussion of such risks and uncertainties, see "Risk Factors" and the "Forward-Looking Statements" section of "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Arcosa's Form 10-K for the year ended December 31, 2025 and as may be revised and updated by Arcosa's Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. TABLES TO FOLLOW View source version on businesswire.com: https://www.businesswire.com/news/home/20260805662587/en/ Contacts INVESTOR CONTACTS Erin DrabekVP of Investor Relations T [email protected] David GoldADVISIRY Partners T [email protected] MEDIA CONTACT [email protected]

Interested in Crh Plc? Here are five stocks we like better. Record Q2 performance: CRH’s revenue rose 6% year over year to $10.8 billion, adjusted EBITDA increased 7% to more than $2.6 billion, margins expanded, and diluted EPS climbed 14%. The company cited resilient infrastructure demand, pricing, acquisitions and cost discipline despite weather and inflationary pressures. Materials and infrastructure drove growth: Americas Materials Solutions delivered 10% revenue growth and 12% adjusted EBITDA growth, while International Solutions also posted higher revenue, EBITDA and margins. Americas Building Solutions underperformed due to divestitures, weak U.S. new construction and elevated haulage costs. Expansion and outlook remain intact: CRH reaffirmed its 2026 adjusted EBITDA guidance of $8.1 billion to $8.5 billion and expects continued margin expansion. The planned $8.5 billion Arcosa acquisition would add aggregate capacity and is expected to generate approximately $175 million in annual cost synergies by year three, though share repurchases will be paused while the deal proceeds. 3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&P 500 CRH (NYSE:CRH) reported record second-quarter results for 2026, with revenue, adjusted EBITDA, margins and diluted earnings per share rising from the prior-year period. The building materials company reaffirmed its full-year guidance, citing resilient infrastructure demand, pricing momentum and contributions from acquisitions despite weather disruptions, inflationary costs and macroeconomic uncertainty. Second-quarter revenue totaled $10.8 billion, up 6% year over year, while adjusted EBITDA increased 7% to more than $2.6 billion. Adjusted EBITDA margin expanded 30 basis points as the company emphasized commercial execution and cost discipline. Diluted EPS rose 14%, including a $0.16 net gain on divestitures during the period. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Should You Bring The Luck Of The Irish To Your Investmets? Chief Executive Officer Jim Mintern said the results reflected “favorable underlying demand, disciplined commercial execution, and contributions from acquisitions.” He said CRH was maintaining its focus on portfolio management and investments in its aggregates, cementitious materials, roads and water businesses. Americas Materials Solutions delivered the strongest operating performance among CRH’s business segments. Revenue rose 10% and adjusted EBITDA increased 12% from the prior year, supported by underlying demand, pricing and acquired businesses. Segment margins expanded 40 basis points despite inflationary costs. → Microsoft Just Flipped the AI Spending Narrative Overnight Within Essential Materials, revenue increased 20%. Aggregates volume grew 2% and pricing rose 5%, while cement volume declined 2% because of adverse weather in certain markets. Cement pricing fell 1%, reflecting regional differences across the company’s operating footprint. Chief Operating Officer Randy Lake said Eco Material, an acquired supplier of supplementary cementitious materials, was performing well. Road Solutions revenue increased 6%, driven by higher asphalt volumes and prices and increased paving activity. Lake said bidding activity and backlog trends remained positive, with transportation and water infrastructure supported by state and federal funding. He also cited major manufacturing and data-center projects as contributors to reindustrialization demand. → Carrier Earnings Could Send the Stock to a New All-Time High Americas Building Solutions faced a more difficult quarter. Revenue declined 2% and adjusted EBITDA fell 8%, reflecting recently completed divestitures, subdued U.S. new-build residential activity and elevated haulage rates. Mintern said residential repair and remodel demand remained resilient, while the company saw growth in data center, water and energy markets. CRH has implemented price surcharges and cost-reduction measures to offset higher haulage costs, Mintern said. He expects the impact of those costs to moderate in the third and fourth quarters. International Solutions revenue rose 5%, while adjusted EBITDA grew 8% and margins expanded 70 basis points. The company attributed the performance to increased activity in some markets, pricing, cost control and acquisitions. CRH cited favorable infrastructure and reindustrialization activity in Europe, as well as demand, operational improvements and acquisition synergies in Australia. CRH said it invested $1.4 billion in 17 acquisitions year to date and completed three divestitures of non-core businesses for $1.9 billion in total consideration. The largest acquisition completed during the period was Axius Water, purchased for approximately $700 million. In June, CRH agreed to acquire Arcosa for $150 per share in cash, representing an enterprise value of approximately $8.5 billion. The transaction remains subject to Arcosa shareholder approval, regulatory approvals and customary closing conditions, with closing expected in the first quarter of 2027. Mintern said the acquisition would add 35 million tons of annual high-quality aggregates capacity and strengthen CRH’s U.S. aggregates position. The company expects approximately $175 million in run-rate cost synergies by the third year of ownership, including $60 million in the first year, according to Lake. Identified opportunities include operational improvements, materials self-supply, procurement and administrative efficiencies. Management also pointed to the deal’s presence in Dallas and Phoenix, which Mintern described as high-growth geographic areas where CRH already has other parts of its connected portfolio. The company said the Arcosa business also includes engineered structures serving energy transmission markets. Through the second quarter, CRH invested about $800 million in growth capital expenditures, including projects aimed at expanding capacity, improving efficiency, increasing automation and optimizing energy use. It returned $1.2 billion to shareholders through dividends and buybacks year to date. The board declared a quarterly dividend of $0.39 per share, up 5% from a year earlier. CRH said it will pause share repurchases following the completion of its latest tranche in connection with the Arcosa agreement and will reassess the program later. CRH reaffirmed its 2026 outlook, assuming normal seasonal weather for the rest of the year and no additional major geopolitical or macroeconomic disruption. The company expects: Adjusted EBITDA of $8.1 billion to $8.5 billion. Net income of $3.9 billion to $4.1 billion. Diluted EPS of $5.60 to $6.05. Mintern said CRH expects approximately 40% of Infrastructure Investment and Jobs Act funding to remain unspent at year-end. Lake said CRH does not expect disruptions to infrastructure activity through the rest of 2026 or into 2027, even if federal funding legislation proceeds through a continuing resolution. Management said it is seeing a meaningful increase in reindustrialization activity, including data centers, advanced manufacturing, semiconductor facilities and liquefied natural gas projects. Mintern said CRH is active on 200 data-center projects across the U.S. and has facilities within 25 miles of 85% of announced U.S. data centers. The company expects another year of margin expansion, which Mintern said would mark its 13th consecutive year of margin improvement. CRH also reiterated long-term 2030 targets of annual revenue growth of 7% to 9%, adjusted EBITDA margin of 22% to 24%, and average adjusted free-cash-flow conversion above 100%. CRH plc, originally formed as Cement Roadstone Holdings in 1970 and headquartered in Dublin, Ireland, is a global building materials group. The company has grown from its Irish roots into one of the largest international suppliers of construction materials, expanding primarily through acquisitions and regional business development. CRH operates an integrated network of manufacturing and distribution businesses that serve both public and private construction markets. CRH's core activities include the production and distribution of aggregates, cement, asphalt, ready-mixed concrete and other bulk materials, together with a broad range of value-added building products such as precast concrete, masonry, bricks, roofing products, pipe and drainage systems, and construction accessories. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "CRH Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.