Summit Materials (SUM) Misses Q4 EPS by 23c, Revenues Beat; Offers FY19 Adj. EBITDA Outlook

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Go back to Summit Materials (SUM) Misses Q4 EPS by 23c, Revenues Beat; Offers FY19 Adj. EBITDA Outlook

Summit Materials, Inc. Reports Fourth Quarter and Full Year 2018 Results

February 6, 2019 6:15 AM EST

Net Revenue Growth of 9.0% in Year Ended December 29, 2018, Supported By Acquisitions

Announced 2019 Adjusted EBITDA Guidance Range For The Full-Year 2019 at $430 - $470 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 2018.

For the three months ended December 29, 2018, the Company reported net loss attributable to Summit Inc. of $(19.2) million, or $(0.17) per basic share, compared to net income attributable to Summit Inc. of $43.0 million, or $0.39 per basic share in the comparable prior year... More