Summit Materials (SUM) Misses Q1 EPS by 1c, Revenues Beat; Withdraws FY20 Adj. EBITDA Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Summit Materials, Inc. Reports First Quarter 2020 Results
April 29, 2020 6:00 AM EDT- Record Net Revenue increased 11.9% to $342.4 million
-Aggregates volumes increased 9.7%
- Adjusted EBITDA increased 149.1% to $16.4 million
DENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE: SUM, Summit, "Summit Inc." or the Company), a leading vertically integrated construction materials company, today announced results for the first quarter 2020.
For the three months ended March 28, 2020, the Company reported net loss attributable to Summit Inc. of $(45.0) million, or $(0.40) per basic share, compared to net loss attributable to Summit Inc. of $(68.8) million, or $(0.62) per basic share in the comparable prior year period.... More
