Summit Materials, Inc. (NYSE:SUM) producer of construction materials, is reporting second quarter earnings results on Tuesday 21st July 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.24 per share.
For the full year, analysts predict revenues of $ 2034.14 million, while looking forward to income of $ 0.46 per share.
Previous Quarter Performance
Summit Materials, Inc. communicated loss for the first quarter of $ 0.48 per share, from the revenue of $ 342.41 million. The quarterly revenues extended 11.92 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.47 per share from $ 326.24 million in revenue. The bottom line results missed street analysts by $ 0.01 or 2.13 percent, at the same time, top line results outshined analysts by $ 16.17 million or 4.96 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SUM was $ 17.56, representing a 133.82 % increase from the 52 week low of $ 7.51 and a 30.37 % decrease over the 52 week high of $ 25.22.
The company has a market capital of $ 2.00 billion and is part of the Basic Materials sector and Building Materials industry.
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Summit Materials, Inc., through its subsidiaries, produces and sells construction materials and related downstream products for the public infrastructure, residential and nonresidential, and other markets. It operates in three segments: West, East, and Cement. The companys products include aggregates, cement, ready-mix concrete, asphalt paving mixes, and concrete products, as well as plastics components.
