Summit Materials (SUM) Earnings Date, Estimates & Call Transcripts

$40.00
+0.63 (+1.60%)
(As of 04/26/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 1
After Market Closes
Confirmed
Actual EPS
(Feb. 14)
$0.31 Beat By $0.04
Consensus EPS
(Feb. 14)
$0.27
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SUM Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

SUM Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Summit Materials Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241($0.13)($0.13)($0.13) 
Q2 20241$0.79$0.79$0.79 
Q3 20241$0.75$0.75$0.75 
Q4 20241$0.25$0.25$0.25 
FY 20244$1.66$1.66$1.66 
Q4 20251$0.63$0.63$0.63 

SUM Earnings Date and Information

Summit Materials last announced its quarterly earnings data on February 14th, 2024. The construction company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. The firm earned $613.13 million during the quarter, compared to analyst estimates of $560.90 million. Its revenue was up 19.8% compared to the same quarter last year. Summit Materials has generated $2.38 earnings per share over the last year ($2.38 diluted earnings per share) and currently has a price-to-earnings ratio of 16.8. Earnings for Summit Materials are expected to grow by 18.86% in the coming year, from $2.28 to $2.71 per share. Summit Materials has confirmed that its next quarterly earnings report will be published on Wednesday, May 1st, 2024. Summit Materials will be holding an earnings conference call on Thursday, May 2nd at 12:00 PM Eastern. Interested parties can register for or listen to the call. or dial in at 800-770-2030 with passcode "1542153".

Summit Materials Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/1/2024
Confirmed)
-------  
2/14/2024Q4 2023$0.27$0.31+$0.04$0.60$560.90 million$613.13 million    
11/1/2023Q3 2023$0.75$0.81+$0.06($0.30)$735.61 million$742.00 million    
8/2/2023Q2 2023$0.60$0.71+$0.11$0.72$642.59 million$680.40 million    
5/3/2023Q1 2023($0.38)($0.26)+$0.12($0.26)$396.61 million$407.27 million    
2/15/2023Q4 2022$0.29$0.32+$0.03$0.39$555.20 million$511.66 million
11/2/2022Q3 2022$0.76$0.70($0.06)$0.68$656.77 million$686.01 million
8/3/2022Q2 2022$0.53$0.60+$0.07($0.40)$644.45 million$631.92 million
5/4/2022Q1 2022($0.40)($0.41)($0.01)($0.53)$395.55 million$392.50 million    
2/23/2022Q4 2021$0.27$0.27-$0.17$553.31 million$596.67 million    
11/3/2021Q3 2021$0.64$0.68+$0.04$0.74$686.90 million$662.26 million    
8/4/2021Q2 2021$0.50$0.49($0.01)$0.50$610.28 million$618.50 million  
5/10/2021Q1 2021($0.53)($0.33)+$0.20($0.47)$353.77 million$398.50 million  

Summit Materials Earnings - Frequently Asked Questions

When is Summit Materials's earnings date?

Summit Materials has confirmed that its next quarterly earnings data will be published on Wednesday, May 1st, 2024. Learn more on SUM's earnings history.

Did Summit Materials beat their earnings estimates last quarter?

In the previous quarter, Summit Materials (NYSE:SUM) reported $0.31 earnings per share (EPS) to beat the analysts' consensus estimate of $0.27 by $0.04. Learn more on analysts' earnings estimate vs. SUM's actual earnings.

How can I listen to Summit Materials's earnings conference call?

The conference call for Summit Materials's latest earnings report can be listened to online. Listen to Conference Call

How can I read Summit Materials's conference call transcript?

The conference call transcript for Summit Materials's latest earnings report can be read online. Read Transcript

How much revenue does Summit Materials generate each year?

Summit Materials (NYSE:SUM) has a recorded annual revenue of $2.62 billion.

How much profit does Summit Materials generate each year?

Summit Materials (NYSE:SUM) has a recorded net income of $289.63 million. SUM has generated $2.38 earnings per share over the last four quarters.

What is Summit Materials's price-to-earnings ratio?

Summit Materials (NYSE:SUM) has a trailing price-to-earnings ratio of 16.81 and a forward price-to-earnings ratio of 17.54.

What is Summit Materials's EPS forecast for next year?

Summit Materials's earnings are expected to grow from $2.28 per share to $2.71 per share in the next year, which is a 18.86% increase.


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This page (NYSE:SUM) was last updated on 4/27/2024 by MarketBeat.com Staff

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