Summit Materials, Inc. Reports Third Quarter 2020 Results
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Summit Materials (SUM) Tops Q3 EPS by 14c, Revenues Beat
October 27, 2020 4:24 PM EDTSummit Materials (NYSE: SUM) reported Q3 EPS of $0.79, $0.14 better than the analyst estimate of $0.65. Revenue for the quarter came in at $709.62 million versus the consensus estimate of $681.51 million.
John L. Garrison, Jr., Terex Corporation Chairman and CEO, commented, "Our ability to execute and safely serve customers during this uncertain time drove sequentially stronger financial performance. Our results demonstrate the progress we are making to align our cost structure with the current customer demand environment. We are strategically reducing spending and consolidating... More
