Summit Materials (SUM) Misses Q2 EPS by 3c

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Summit Materials, Inc. Reports Second Quarter 2021 Results

August 4, 2021 4:15 PM EDT

- Record Second Quarter Net Revenue of $618.5 million, an increase of 7.5%

-Net income attributable to Summit Inc. of $56.7 million

-Record Second Quarter Adjusted EBITDA of  $163.8 million, an increase of 2.4%

-Aggregates volumes increased 14.7%

-Cement volumes increased 8.3%

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 second quarter 2021.

For the three months ended July 3, 2021, the Company reported net income attributable... More