Summit Materials (SUM) Misses Q3 EPS by 1c

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Summit Materials, Inc. Reports Third Quarter 2021 Results

November 3, 2021 4:15 PM EDT

- Third Quarter Net Revenue of $662.3 million, an increase of 2.6%

-Net income attributable to Summit Inc. of $74.2 million

-Third Quarter Adjusted EBITDA of $190.3 million

-Aggregates volumes increased 9.2%

-Cement volumes increased 2.0%

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 third quarter 2021.

For the three months ended October 2, 2021, the Company reported net income attributable to Summit Inc. of $74.2... More