Summit Materials Inc expected to post earnings of 61 cents a share - Earnings Preview
03/08/2024 24:49
* Summit Materials Inc SUM.N SUM is expected to show a
rise in
quarterly revenue when it reports results on August 5 for the
period ending June 30 2024
* The Denver Colorado-based company is expected to report a
61.0% increase in revenue to $1.174 billion from $729.15 million
a year ago, according to the mean estimate from 15 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for Summit Materials Inc is
for
earnings of 61 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Summit
Materials
Inc is $48.50, above its last closing price of $38.73.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 -0.22 -0.23 -0.12 Beat 47.6
Jan. 1 0001 0.26 0.26 0.31 Beat 17.4
Sep. 30 2023 0.75 0.75 0.81 Beat 8
Jun. 30 2023 0.59 0.58 0.71 Beat 21.4
Jan. -0.36 -0.36 -0.26 Beat 28.7
1 0001
Dec. 31 2022 0.28 0.29 0.32 Beat 10.7
Sep. 30 2022 0.69 0.71 0.70 Missed -1.1
Jun. 30 2022 0.52 0.55 0.59 Beat 8
This summary was machine generated August 2 at 23:49 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)