Summit Materials (SUM) Misses Q4 EPS by 5c

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Go back to Summit Materials (SUM) Misses Q4 EPS by 5c

Summit Materials, Inc. Reports Fourth Quarter and Full-Year 2016 Results

February 22, 2017 6:00 AM EST

- Full-Year Net Income Increased 32.7% to $36.8 million

-Full-Year Adjusted Net Income Increased 31.5% to $98.3 million

-Full-Year Operating Income Increased 14.4% to $154.0 million

- Full-Year Adjusted EBITDA Increased 29.2% to $371.3 million

- Introducing Full-Year 2017 Adjusted EBITDA Guidance of $410.0 million to $425.0 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 fourth quarter and full-year 2016.

For the twelve months ended December 31, 2016, the... More