The second quarter financial results of Summit Materials (NYSE: SUM) will be unveiled on Monday 5th August 2024. This eagerly awaited announcement is scheduled to occur after market close.
In accordance with the forecasts of financial specialists on Wall Street, the enterprise is primed to announce an anticipated $0.61 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $1.17 billion for this particular period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $4.36 billion. Additionally, they expect the company to reach profit of $1.71 per share for the fiscal year.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.71. Moreover, the company achieved a remarkable total revenue of $680.37 million during that quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $-0.12 | +53.8% | 773.23 M | +89.9% |
| Q4 2023 | $0.31 | -3.1% | 613.13 M | +19.8% |
| Q3 2023 | $0.81 | +15.7% | 741.96 M | +8.2% |
| Q2 2023 | $0.71 | +20.3% | 680.37 M | +7.7% |
*Growth on year-over-year basis
SUM has scheduled a conference call on 6th August 2024 at 12:00 PM eastern time to discuss the second quarter financial results and other related information.
Summit Materials (SUM) closed Friday's regular trading session at $38.73, indicating a 4.28 percent drop, with a volume of 1.22 million shares.
