US Concrete (USCR) Misses Q4 EPS by 14c, Revenues Miss; Offers FY19 EPS Mid-Point Guidance Below Consensus
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U.S. Concrete Announces Full Year 2018 And Fourth Quarter Results
February 26, 2019 6:01 AM ESTEULESS, Texas, Feb. 26, 2019 /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 full year and quarter ended December 31, 2018.
FULL YEAR 2018 HIGHLIGHTS INCLUDE THE FOLLOWING ALL-TIME ANNUAL HIGHS COMPARED TO FULL YEAR 20171
Consolidated revenue increased 12.8% to $1.5 billion Ready-mixed concrete revenue increased 7.7% to $1.3 billion Aggregate products revenue increased 101.3% to $182.6 million Aggregate products volume increased 79.3% to 11.1 million tons Polaris Materials contributed revenue of $92.0 million and volume of 5.0 million tons... More