Free Trial

Summit Materials (SUM) Earnings Date, Estimates & Call Transcripts

Summit Materials logo
$50.64 +0.05 (+0.10%)
(As of 04:45 PM ET)

Summit Materials Latest Earnings Summary

Actual EPS
(Oct. 30)
$0.75 Beat By $0.05
Consensus EPS
(Oct. 30)
$0.70

Summit Materials announced Q3 2024 earnings on October 30, 2024, reporting an EPS of $0.75, which topped analysts' consensus estimates of $0.70 by $0.05. Quarterly revenue rose 49.9% year-over-year to $1.11 billion, below the consensus estimate of $1.17 billion. With a trailing EPS of $0.82 and a P/E Ratio of 61.76, Summit Materials' earnings are expected to grow 20.48% next year, from $1.66 to $2.00 per share.

Get Summit Materials Earnings Alerts

Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Summit Materials and other key companies, straight to your inbox.

Sign Up
Skip Charts & View Estimated and Actual Earnings Data

SUM Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

SUM Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Summit Materials Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241-$0.19-$0.19-$0.19 
Q2 20241$0.56$0.56$0.56 
Q3 20241$0.66$0.66$0.66 
Q4 20241$0.30$0.30$0.30 
FY 20244$1.33$1.33$1.33 
Q1 20251-$0.08-$0.08-$0.08 
Q2 20251$0.72$0.72$0.72 
Q3 20251$0.81$0.81$0.81 
Q4 20251$0.45$0.45$0.45 
FY 20254$1.90$1.90 $1.90

Summit Materials Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/30/2024Q3 2024$0.70$0.75+$0.05$0.90$1.17B$1.11B
8/5/2024Q2 2024$0.61$0.66+$0.05$0.72$1.14B$1.08B
5/1/2024Q1 2024-$0.23-$0.12+$0.11$0.16$803.98M$773.23M
2/14/2024Q4 2023$0.27$0.31+$0.04$0.60$560.90M$613.13M
11/1/2023Q3 2023$0.75$0.81+$0.06-$0.30$735.61M$742.00M
8/2/2023Q2 2023$0.60$0.71+$0.11$0.72$642.59M$680.40M
No one’s talking about these Trump trades (Ad)

As you likely know, the “Trump bump” launched stocks to record highs after he secured his second reelection bid. Now, Trump and his team are coming to gut government regulation – and it’s going to create some incredible market opportunities. But while the masses chase large-cap tech and so-called AI stocks, a small circle of traders are using a strange but tactical method to find a pool of “hidden Trump trades.”

Go here to see how you can start accessing these opportunities today
5/3/2023Q1 2023-$0.38-$0.26+$0.12-$0.26$396.61M$407.27M
2/15/2023Q4 2022$0.29$0.32+$0.03$0.39$555.20M$511.66M

Summit Materials Earnings - Frequently Asked Questions

Summit Materials (NYSE:SUM) last announced its quarterly earning data on Wednesday, October 30, 2024. Learn more on SUM's earnings history.

In the previous quarter, Summit Materials (NYSE:SUM) reported $0.75 earnings per share (EPS) to beat the analysts' consensus estimate of $0.70 by $0.05. Learn more on analysts' earnings estimate vs. SUM's actual earnings.

The conference call for Summit Materials's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Summit Materials's latest earnings report can be read online.
Read Transcript

Summit Materials (NYSE:SUM) has a recorded annual revenue of $3.75 billion.

Summit Materials (NYSE:SUM) has a recorded net income of $289.63 million. SUM has generated $0.82 earnings per share over the last four quarters.

Summit Materials (NYSE:SUM) has a trailing price-to-earnings ratio of 61.76 and a forward price-to-earnings ratio of 30.51.

Summit Materials's earnings are expected to grow from $1.66 per share to $2.00 per share in the next year, which is a 20.48% increase.

More Earnings Resources from MarketBeat



This page (NYSE:SUM) was last updated on 12/24/2024 by MarketBeat.com Staff
From Our Partners