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Zacks News
UFP Industries (UFPI) Buys NORPAL & TIBASA, Expands in Mexico
by Zacks Equity Research
UFP Industries (UFPI) is set to fortify its position in the global packaging industry with the acquisition of remaining ownership in Mexican affiliates NORPAL and TIBASA.
Weyerhaeuser (WY) Agrees to Buy High-Quality Timberlands
by Zacks Equity Research
Weyerhaeuser (WY) is set to have more than 870,000 acres of timberlands in North and South Carolina and approximately 1,190,000 in Mississippi.
Floor & Decor (FND) Expands Footprint With New Store in NJ
by Zacks Equity Research
Floor & Decor (FND) opens new warehouse store in Avenel, NJ, showcasing the efficient execution of its growth strategy.
Construction Partners (ROAD) Q4 Earnings & Revenues Top, Up Y/Y
by Zacks Equity Research
Construction Partners' (ROAD) fourth-quarter fiscal 2023 results reflect strong public infrastructure demand, stabilized cost environment and the efficient execution of the ROAD-Map 2027 initiative.
KBR Banks on Solid Contract Wins Amid High-Cost Environment
by Zacks Equity Research
KBR is benefiting from impressive contract wins that are boosting its backlog levels. However, high costs and expenses hinder its growth prospects.
Focus on New Products & Digitization Aid Armstrong World (AWI)
by Zacks Equity Research
Armstrong World (AWI) benefits from strategic acquisitions and timely investments in new products and digitization.
Here's Why Investors Should Hold Fluor (FLR) Stock Right Now
by Zacks Equity Research
Biden's infrastructural push, business diversity and solid prospects are set to drive Fluor's (FLR) stock higher. Yet, the cyclical nature of the markets and intense competition are risks.
What's in Store for Construction Partners (ROAD) Q4 Earnings?
by Zacks Equity Research
Construction Partners' (ROAD) fiscal fourth-quarter 2023 results are likely to benefit from a strong demand trend, accretive buyouts and a stable cost environment.
Martin Marietta (MLM) to Divest South Texas Business for $2.1B
by Zacks Equity Research
Martin Marietta (MLM) to sell its South Texas cement business and some of its related concrete operations to CRH Americas Materials, Inc. for $2.1 billion.
Jacobs (J) Selected as PMCM Partner by thyssenkrupp Steel
by Zacks Equity Research
Jacobs (J) to deliver program and construction management services for thyssenkrupp Steel's decarbonization project for its steel mill in Duisburg, Germany.
AECOM (ACM) Selected for Uisce Eireann's Capital Works Program
by Zacks Equity Research
AECOM (ACM) to deliver project and program management, design, stakeholder consultation, and site supervision services for Ireland's Uisce Eireann's Capital Works PMO Framework.
KBR's H2ACT Selected for Ulsan's Ammonia Cracking Project
by Zacks Equity Research
KBR extends partnership with ISU Chemical to provide its H2ACT ammonia cracking technology for an Ulsan-based commercial ammonia cracking project.
UFP Industries' (UFPI) TimberBase Launches New B2B Platform
by Zacks Equity Research
UFP Industries' (UFPI) affiliate launches TimberBase.com, a B2B digital platform for buying and selling lumber and building materials.
AECOM (ACM) Hikes Dividend by 22%, Boosts Shareholders Value
by Zacks Equity Research
AECOM's (ACM) 22% dividend hike is in line with its long-term plan to return substantially all available cash flow to stockholders.
VSE's (VSEC) Aviation Unit Wins $750M Distribution Contracts
by Zacks Equity Research
VSE Corporation's (VSEC) Aviation segment wins six new distribution agreements from different manufacturers with a total value of about $750 million.
Here's Why Investors Must Hold RPM International (RPM) Stock
by Zacks Equity Research
RPM International (RPM) is benefiting from increased infrastructure spending and focus on the MAP 2025 initiative. However, high costs and foreign currency risks are concerning.
Here's Why Acuity Brands (AYI) Could be Great Choice for a Bottom Fisher
by Zacks Equity Research
Acuity Brands (AYI) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Otis (OTIS) Q3 Earnings Beat, Modernization Orders Up 13%
by Zacks Equity Research
Solid operational improvement, a lower share count and an effective tax rate improvement boost Otis' (OTIS) Q3 earnings.
Armstrong World's (AWI) Q3 Earnings & Revenues Top, Up Y/Y
by Zacks Equity Research
Armstrong World's (AWI) third-quarter 2023 results reflect strong segmental performances, thanks to favorable AUV performance and high sales volume. Also, its diversified end markets and profitable growth initiatives bode well.
NVR Q3 Earnings Beat, Homebuilding Revenues Miss, Margin Up
by Zacks Equity Research
NVR's third-quarter 2023 results are hurt by low contributions from the Homebuilding segment due to softened housing demand and macroeconomic woes.
PulteGroup (PHM) Q3 Earnings Beat, Revenues Lag, Orders Up
by Zacks Equity Research
PulteGroup's (PHM) third-quarter results reflect higher home prices and orders.
PulteGroup (PHM) Home Sales to Grow Y/Y in Q3 Earnings
by Zacks Equity Research
Higher deliveries and low ASP are likely to have aided PulteGroup's (PHM) Q3 results for its Homebuilding segment. Yet, tough year-over-year comparisons owing to rising rates are risks.
Watsco's (WSO) Q3 Earnings & Revenues Top Estimates, Shares Up
by Zacks Equity Research
Watsco's (WSO) third-quarter 2023 results reflect record sales, EPS and operating profit.
RPM International (RPM) Q1 Earnings & Sales Top, Stock Up
by Zacks Equity Research
Strong infrastructure and reshoring capital project demand aid RPM International's (RPM) fiscal first-quarter earnings.
Acuity Brands (AYI) Q4 Earnings Top Estimates, Revenues Lag
by Zacks Equity Research
Acuity Brands (AYI) reports mixed fourth-quarter fiscal 2023 results, courtesy of solid ISG net sales and lower contributions from the ABL segment.