US Concrete (USCR) Tops Q2 EPS by 57c
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U.S. Concrete Announces 2015 Second Quarter Results
August 6, 2015 6:00 AM EDTEULESS, TX -- (Marketwired) -- 08/06/15 --
Second Quarter 2015 Highlights Compared to Second Quarter 2014
Adjusted earnings per diluted share increased 67.9% to $1.31Adjusted EBITDA increased 50.3% to $33.7 millionAdjusted EBITDA margin improved 140 basis points to 13.8%Consolidated revenue increased 35.7% to $244.7 millionReady-mixed concrete revenue increased 33.4% to $219.0 millionReady-mixed concrete average sales price improved 11.8% to $123.24 per cubic yardAggregate products revenue increased 19.1% to $15.6 millionAggregate products average sales price improved 8.4% to $10.44 per tonAcquired three leading ready-mixed producers in key growth markets, including two... More