US Concrete (USCR) Tops Q4 EPS by 12c

US Concrete (NASDAQ: USCR) reported Q4 EPS of $0.82, $0.12 better than the analyst estimate of $0.70. Revenue for the quarter came in at $318.8 million versus the consensus estimate of $313.92 million.

• Consolidated revenue increased 20.9% to $318.8 million
• Ready-mixed concrete average sales price improved 5.5% to $132.25 per cubic yard
• Aggregate products average sales price improved 14.8% to $12.57 per ton
• Net loss per diluted share of $1.01 compared to $0.43
• Loss from continuing operations of $15.4 million compared to $6.3 million
• Adjusted Net Income from Continuing Operations per Diluted Share1 increased 41.1% to $46.1 million
• Generated net cash provided by operating activities of $23.6 million and Adjusted Free Cash

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