U S Concrete, Inc. (NASDAQ:USCR) is reporting second quarter financial results on Tuesday 4th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, USCR is expected to report 2Q20 loss of $ 0.21 per share from revenue of $ 320.87 million.
For the full year, analysts anticipate top line of $ 1408.06 million, while looking forward to income of $ 0.77 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,500.00 million ~ $ 1,600.00 million
Click Here For More Historical Outlooks Of U S Concrete, Inc.
Previous Quarter Performance
U S Concrete, Inc. communicated loss for the first quarter of $ 0.04 per share, from the revenue of $ 334.40 million. The quarterly earnings fell 85.48 percent while revenues lowered 1.05 percent compared with the same quarter last year.
The consensus estimates are loss of $ 0.26 per share from $ 334.00 million in revenue. The bottom line results beat street analysts by $ 0.22 or 84.62 percent, at the same time, top line results outshined analysts by $ 0.40 million or 0.12 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of U S Concrete, Inc.
Stock Performance
According to the previous trading day, closing price of USCR was $ 25.56, representing a 278.67 % increase from the 52 week low of $ 6.75 and a 54.54 % decrease over the 52 week high of $ 56.22.
The company has a market capital of $ 426.14 million and is part of the Basic Materials sector and Building Materials industry.
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Conference Call
U S Concrete, Inc. will be hosting a conference call at 8:30 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.us-concrete.com
U.S. Concrete, Inc., through its subsidiaries, produces and sells ready-mixed concrete, aggregates, and concrete-related products and services to the construction industry in the United States, U.S. Virgin Islands, and Canada.
