Summit Materials Inc. (SUM)
NYSE NYSE Primary 
CXA 
Summit Materials, Inc. (SUM) Q3 2024 Earnings Call Transcript
Summit Materials, Inc. (NYSE:SUM ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Andy Larkin – Vice President of Investor Relations Anne Noonan – Chief Executive Officer Scott Anderson – Chief Financial Officer Conference Call Participants Philip Ng – Jefferies Trey Grooms – Stephens Garik Shmois – Loop Capital Asher Sohnen – Citigroup Kathryn Thompson – Thompson Research Group Angel Castillo – Morgan Stanley Timna Tanners – Wolfe Research Rohit Seth – Seaport Research Partners Keith Hughes – Truist Securities Adam Thalhimer – Thompson Davis & Co. Jerry Revich – Goldman Sachs Mike Dahl – RBC Capital Markets Operator Thank you for standing by. My name is Mandeep, and I'll be your operator today.
Here's What Key Metrics Tell Us About Summit Materials (SUM) Q3 Earnings
The headline numbers for Summit Materials (SUM) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Summit Materials (SUM) Beats Q3 Earnings Estimates
Summit Materials (SUM) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.81 per share a year ago.
Quikrete is in talks to acquire Summit Materials, sources say
Building materials provider Quikrete is in early-stage talks to acquire rival Summit Materials , people familiar with the matter said on Thursday.
Analysts Estimate Summit Materials (SUM) to Report a Decline in Earnings: What to Look Out for
Summit Materials (SUM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Summit Materials: Good Growth Prospects Should Drive Further Upside
Summit Materials, Inc. has strong growth prospects driven by price increases, easing volume comparisons, and robust demand in public infrastructure and manufacturing sectors. Margins are expected to improve due to cost synergies from acquisitions, moderating inflation, and productivity gains despite recent weather-related volume declines. The stock is trading at a discount to its historical averages, with potential for P/E multiple re-rating and high double-digit EPS growth in the coming years.
Summit Materials, Inc. (SUM) Q2 2024 Earnings Call Transcript
Summit Materials, Inc. (NYSE:SUM ) Q2 2024 Earnings Conference Call August 6, 2024 12:00 PM ET Company Participants Andy Larkin - Vice President, Investor Relations Anne Noonan - Chief Executive Officer Scott Anderson - Chief Financial Officer Conference Call Participants Trey Grooms - Stephens Garik Shmois - Loop Capital Asher Sohnen - Citi Kathryn Thompson - Thompson Research Philip Ng - Jefferies Brent Thielman - D.A. Davidson Timna Tanners - Wolfe Research Jerry Revich - Goldman Sachs Keith Hughes - Truist Securities Joe Nolan - Longbow Research Operator Thank you for standing by.
Summit Materials (SUM) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for Summit Materials (SUM) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Summit Materials (SUM) Beats Q2 Earnings Estimates
Summit Materials (SUM) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.71 per share a year ago.
Analysts Estimate Summit Materials (SUM) to Report a Decline in Earnings: What to Look Out for
Summit Materials (SUM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Summit Materials: Still Cheap, Still Worth An Optimistic View
Now that the dust has settled following Summit Materials' acquisition of Argos USA, the company makes for an interesting prospect. The company is now the fourth-largest cement producer and sixth-largest aggregates producer in the US. Despite recent losses, Summit Materials is expected to see improved profitability and growth with strong catalysts in the construction industry.
