Brief: Summit Materials, Inc. Reports First Quarter 2023 Results

Summit Materials

03/05/2023 22:32

May 3 (Reuters) - Summit Materials Inc  SUM.N :
    * SUMMIT MATERIALS, INC. REPORTS FIRST QUARTER 2023 RESULTS
    * RAISES 2023 ADJUSTED EBITDA GUIDANCE
    * SEES 2023 ADJUSTED EBITDA OF APPROXIMATELY $490 MILLION TO
$530
MILLION
    * SEES 2023 CAPITAL EXPENDITURES OF APPROXIMATELY $220
MILLION TO
$240 MILLION INCLUDING GREENFIELD PROJECTS
    * NET REVENUE INCREASED $14.8 MILLION, OR 3.8% IN Q1 TO
$407.3
MILLION
    * QTRLY ADJUSTED LOSS PER SHARE $0.26
    * Q1 EARNINGS PER SHARE VIEW $-0.36, REVENUE VIEW $420.9
MILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn5GgsVza 
Further company coverage:  SUM.N 

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