Summit Materials (SUM) Tops Q3 EPS by 2c; Reaffirms

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Go back to Summit Materials (SUM) Tops Q3 EPS by 2c; Reaffirms

Summit Materials, Inc. Reports Third Quarter 2016 Results

November 2, 2016 7:01 AM EDT

- 3Q16 Net Income of $61.1 million, or $0.61 Basic Earnings per Share

- 3Q16 Adjusted Net Income of $73.5 million, or $0.73 Adjusted Diluted Earnings per Share

- Reaffirmed full year 2016 Adjusted EBITDA financial guidance of $360.0 million to $370.0 million

DENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE:SUM, Summit or the Company), a leading vertically integrated construction materials company, today announced results for the third quarter of 2016. For the three months ended October 1, 2016, the Company generated basic earnings per share of $0.61 and adjusted diluted earnings per share... More