US Concrete (USCR) Misses Q4 EPS by 36c, Revenues Miss; Offers FY20 Revenue Mid-Point Guidance Below Consensus

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U.S. Concrete Reports Strategic Acquisition And 2019 Full Year And Fourth Quarter Results

February 25, 2020 5:55 AM EST

EULESS, Texas, Feb. 25, 2020 /PRNewswire/ -- U.S. Concrete, Inc. (NASDAQ: USCR), a leading heavy building materials supplier of aggregates and ready-mixed concrete in select major markets across the United States, the U.S. Virgin Islands and Canada, today announced a strategic acquisition as well as results for the full year and quarter ended December 31, 2019.

William J. Sandbrook, Chairman and Chief Executive Officer of U.S. Concrete, Inc. stated, "Today we are excited to announce the completion of our most recent aggregates acquisition, Coram Materials Corp., for a purchase price of $142 million,... More