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Summit Materials Q1 2023 Earnings Report

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$52.54 +0.09 (+0.17%)
As of 02/10/2025
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Summit Materials EPS Results

Actual EPS
-$0.26
Consensus EPS
-$0.38
Beat/Miss
Beat by +$0.12
One Year Ago EPS
-$0.40

Summit Materials Revenue Results

Actual Revenue
$407.27 million
Expected Revenue
$396.61 million
Beat/Miss
Beat by +$10.66 million
YoY Revenue Growth
+3.80%

Summit Materials Announcement Details

Quarter
Q1 2023
Time
After Market Closes
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Summit Materials Earnings Headlines

Large M&A Fizzles Worldwide In February
Nigeria to host Africa raw materials summit
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Elon Musk recently offered NVIDIA $1 billion... To buy a cluster of their cutting-edge GB200 AI chips. Why? Because Elon is quietly building the most powerful AI supercomputer on the planet. It's called "Project Colossus"...
Summit Materials (SUM) Receives a Hold from D.A. Davidson
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About Summit Materials

Summit Materials (NYSE:SUM) is a vertically integrated construction materials company, which engages in manufacturing construction materials and related downstream products. It operates through the following segments: West, East, and Cement. The West segment includes operations in Texas, Utah, Arizona, Colorado, Idaho, Wyoming, Oklahoma, Arkansas and British Columbia, Canada. The East segments refers to its East and Central regions and serves markets extending across the Midwestern and Eastern United States. The Cement segment is involved in Hannibal, Missouri and Davenport, Iowa cement plants, and distribution terminals along the Mississippi River from Minnesota to Louisiana. The company was founded by Thomas W. Hill on September 23, 2014 and is headquartered in Denver, CO.

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