Summit Materials (SUM) Tops Q2 EPS by 26c, Revenues Beat

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Go back to Summit Materials (SUM) Tops Q2 EPS by 26c, Revenues Beat

Summit Materials, Inc. Reports Second Quarter 2020 Results

July 21, 2020 4:22 PM EDT

- Record 2Q Net Revenue increased 4.1% to $575.2 million

- Record 2Q Net Income Attributable to Summit Inc. of $57.1 million

- Aggregates volumes increased 2.6%

- Record 2Q Adjusted EBITDA increased 14.1% to $160.2 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 second quarter 2020.

For the three months ended June 27, 2020, the Company reported net income attributable to Summit Inc. of $57.1 million, or $0.50 per basic... More