US Concrete (USCR) Tops Q3 EPS by 76c
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U.S. Concrete Announces 2015 Third Quarter Results
November 5, 2015 6:01 AM ESTEULESS, TX -- (Marketwired) -- 11/05/15 -- Third Quarter 2015 Highlights Compared to Third Quarter 2014
Adjusted earnings per diluted share increased 85.8% to $1.97Adjusted EBITDA increased 83.3% to $49.3 millionAdjusted EBITDA margin improved 310 basis points to 16.7%Consolidated revenue increased 49.4% to $295.1 millionReady-mixed concrete revenue increased 50.3% to $264.4 millionReady-mixed concrete average sales price improved 12.6% to $125.10 per cubic yardAggregate products revenue increased 10.6% to $19.0 millionAggregate products average sales price improved 12.5% to $10.56 per tonAcquired three strategically positioned aggregate operations which further enhanced vertically integrated operations in attractive existing markets, including north Texas,... More