US Concrete (USCR) Tops Q4 EPS by 15c

Go back to US Concrete (USCR) Tops Q4 EPS by 15c

U.S. Concrete Announces Fourth Quarter and Full-Year 2014 Results

March 5, 2015 6:01 AM EST

EULESS, TX -- (Marketwired) -- 03/05/15 -- Fourth Quarter Highlights

Quarterly earnings per diluted share of $0.40, excluding derivative loss, impairment loss, non-cash stock compensation and acquisition related expensesAdjusted EBITDA increased 94.6% year-over-year, to $17.4 millionConsolidated revenue increased 21.2%, to $179.5 million

 Like-for-like consolidated revenue increased 11.8%

Ready-mixed concrete revenue increased 17.4%, to $158.8 million

 Like-for-like ready-mixed concrete revenue increased 10.8%

Ready-mixed concrete sales volume rose 9.7%, to approximately 1.4 million cubic yards

 Like-for-like ready-mixed concrete sales volume increased... More