US Concrete (USCR) Misses Q2 EPS by 29c, Revenues Beat; Offers FY18 Revenue Outlook

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U.S. Concrete Announces Second Quarter 2018 Results

August 7, 2018 6:00 AM EDT

EULESS, Texas, Aug. 7, 2018 /PRNewswire/ -- U.S. Concrete, Inc. (NASDAQ: USCR), a leading producer of construction materials in select major markets across the United States, today reported results for the quarter ended June 30, 2018.

SECOND QUARTER 2018 HIGHLIGHTS COMPARED TO SECOND QUARTER 2017

Consolidated revenue increased 18.6% to $404.2 million, an all-time quarterly high Ready-mixed concrete revenue increased 12.9% to $350.0 million, an all-time quarterly high Ready-mixed concrete organic volume grew by 5% Aggregate products revenue increased 113.1% to $48.5 million, an all-time quarterly high Polaris recorded revenue and volume of $22.5 million and 1.3... More