US Concrete (USCR) Tops Q4 EPS by 12c

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U.S. Concrete Announces Its Fourth Quarter and Full Year 2016 Results

February 28, 2017 6:00 AM EST

EULESS, TX -- (Marketwired) -- 02/28/17 -- Fourth Quarter 2016 Highlights Compared to Fourth Quarter 2015

Consolidated revenue increased 20.9% to $318.8 million Ready-mixed concrete average sales price improved 5.5% to $132.25 per cubic yard Aggregate products average sales price improved 14.8% to $12.57 per ton Net loss per diluted share of $1.01 compared to $0.43 Loss from continuing operations of $15.4 million compared to $6.3 million Adjusted Net Income from Continuing Operations per Diluted Share1 of $0.82 compared to $0.55 Total Adjusted EBITDA1 increased 41.1% to $46.1 million... More