Summit Materials (SUM) Tops Q1 EPS by 9c, Revenues Beat; Reaffirms FY19 adj. EBITDA Outlook

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Go back to Summit Materials (SUM) Tops Q1 EPS by 9c, Revenues Beat; Reaffirms FY19 adj. EBITDA Outlook

Summit Materials, Inc. Reports First Quarter 2019 Results

May 8, 2019 6:15 AM EDT

- Net Revenue Growth of 5.5% in First Quarter 2019

- Organic aggregates volumes increased 6.6%

- Organic aggregates price increased 6.3%

- Reaffirmed 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 first quarter 2019.

For the three months ended March 30, 2019, the Company reported net loss attributable to Summit Inc. of $(68.8) million, or $(0.62) per basic share, compared to net loss attributable to... More