Summit Materials (NYSE:SUM) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Summit Materials beat estimated earnings by 7.14%, reporting an EPS of $0.6 versus an estimate of $0.56.
Revenue was up $13.39 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 6.26% drop in the share price the next day.
Here’s a look at Summit Materials’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.38 | 0.26 | 0.64 | 0.52 |
| EPS Actual | -0.41 | 0.27 | 0.68 | 0.49 |
| Revenue Estimate | 423.35M | 600.48M | 729.59M | 642.05M |
| Revenue Actual | 392.50M | 553.43M | 662.26M | 618.53M |
To track all earnings releases for Summit Materials visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
