Page 29 - Summit Materials News Today

US-based Continental Cement Co (Summit Materials) has announced a price increase for customers served by its Louisiana and Memphis terminals. As a res...

Here's a look at promotions, hirings, movers and newsmakers in the Memphis area business scene.

Heres a look at promotions, hirings, movers and newsmakers in the Memphis area business scene.

Weitz Investment Management, an investment management firm, published its “Hickory Fund” first quarter 2021 investor letter – a copy of which can...

Though the bill likely wont be finalized until summer, the American Jobs Plan is expected to provide more than $2 trillion to traditional and nontraditional infrastructure programs. We expect traditional infrastructure, which includes roads, transportation, and other shared public facilities, to constitute approximately one third of the spending package. In context, this equates to about 3 times the annual run rate of spending conducted through the Highway Trust Fund. These programs include: $...

SUM earnings call for the period ending April 3, 2021.

DENVER — Summit Materials Inc. (SUM) on Monday reported a loss of $22.5 million in its first quarter. On a per-share basis, the Denver-based company said it had a loss of 19 cents. Losses, adjusted for non-recurring gains, were 33 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 53 cents per share. The construction materials producer posted revenue of $427.8 million in the period. Its adj...

Summit Materials sees record adjusted EBITDA 11 May 2021 USA-based Summit Materials has reported a US$25.5m net loss in the first quarter of 2021, compared to the US$45m in the year-ago period. Its net revenue advanced 16.4 per cent YoY to US$398.5m from US$342.4m in the 1Q20. The adjusted EBITDA also surged 166 per cent YoY to US$41.7m from US$15.7m in the January-March 2020 period. Sales volumes increased 20.7 per cent in aggregates, 13.7 per cent in cement, 7.6 per cent in ...

• Revlon (NYSE:REV) is likely to report earnings for its first quarter. • Bluegreen Vacations (NYSE:BVH) is expected to report earnings for its first quarter. • TG Therapeutics (NASDAQ:TGTX) is expected to report earnings for its first quarter. • Inspired Entertainment (NASDAQ:INSE) is likely to report earnings for its first quarter. • NAPCO Security (NASDAQ:NSSC) is expected to report earnings for its third quarter. • US Global Investors (NASDAQ:GROW) is projected to report earning...

Quarterly Results Earnings per share rose 31.25% year over year to ($0.33), which beat the estimate of ($0.47). Revenue of $398,481,000 rose by 16.38% year over year, which beat the estimate of $355,000,000. Outlook Technicals 52-week low: $10.37 Company Profile Summit Materials is a top-10 aggregates supplier and top-15 cement producer in the U.S. Founded as a roll-up strategy in 2009, the company has grown through a very active acquisition strategy. While cement and aggregates constituted abo...