Summit Materials (SUM) Tops Q1 EPS by 14c, Revenues Beat

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Go back to Summit Materials (SUM) Tops Q1 EPS by 14c, Revenues Beat

Summit Materials, Inc. Reports First Quarter 2021 Results

May 10, 2021 4:15 PM EDT

- Record First Quarter Net Revenue of $398.5 million, an increase of 16.4%

-Net loss attributable to Summit Inc. of $22.5 million

-Record First Quarter Adjusted EBITDA of $41.7 million, an increase of 166.5%

-Aggregates volumes increased 20.7%

-Cement volumes increased 13.7%

DENVER--(BUSINESS WIRE)-- Summit Materials, Inc. (NYSE: SUM, Summit, Summit Materials, "Summit Inc." or the Company), a leading vertically integrated construction materials company, today announced results for the first quarter 2021.

For the three months ended April 3, 2021, the Company reported net loss attributable... More