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Summit Materials: Good Growth Prospects Should Drive Further Upside
Seeking Alpha· 2024-09-27 19:32
Summit Materials, Inc. (NYSE: SUM ) has good growth prospects ahead. The company's revenue growth should continue to benefit from the carryover impact of past price increases as well as incremental pricing moving forward. Additionally, I expect volumes to start recovering given We focus on GARP (Growth at reasonable Price) opportunities in industrial, consumer, and technology sectors. Please click the "Follow" button to receive our latest research. If you have any questions, feel free to reach out to us thr ...
Summit Materials and Green America Recycling Pioneer Alternative Fuel Technology at the Davenport, Iowa Cement Plant
Prnewswire· 2024-09-11 16:31
First global pre-commercial installation of FuelFlex technology will reduce Davenport's Fossil Fuel usage by 20%. DENVER, Sept. 11, 2024 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials," "Summit Inc." or the "Company"), a market-leading producer of aggregates and cement, has successfully reconfigured and expanded Davenport's Green America Recycling operations. Summit Materials Expands Green America Recycling Facility at Davenport Cement PlantSummit Materials Expands Green Ame ...
Summit Materials(SUM) - 2024 Q2 - Earnings Call Presentation
2024-08-06 21:38
2Q 2024 Results Presentation August 6, 2024 Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of the federal securities laws, which involve risks and uncertainties. Forward-looking statements include all statements that do not relate solely to historical or current facts, and you can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "outlook," "should," "seeks," "intends," "trends," "plans," "estim ...
Summit Materials(SUM) - 2024 Q2 - Earnings Call Transcript
2024-08-06 21:36
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 - Trui ...
Summit Materials(SUM) - 2024 Q2 - Quarterly Results
2024-08-05 20:24
Exhibit 99.1 Summit Materials, Inc. Reports Second Quarter 2024 Results Argos USA Synergies On Track Sustained Aggregates Growth Reaf irming 2024 Guidance Range DENVER, CO. - (August 5, 2024) - Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials," "Summit Inc." or the "Company"), a market-leading producer of aggregates and cement company, today announced results for the second quarter ended June 29, 2024. All comparisons are versus the quarter ended July 1, 2023 unless noted otherwise. | --- | - ...
Analysts Estimate Summit Materials (SUM) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-07-29 15:06
Wall Street expects a year-over-year decline in earnings on higher revenues when Summit Materials (SUM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 5. ...
Summit Materials Announces Second Quarter 2024 Results Conference Call Date
Prnewswire· 2024-07-19 12:53
A webcast of the second quarter results conference call and accompanying presentation materials will be available in the Investors section of Summit's website at investors.summit-materials.com or at the following link: https://events.q4inc.com/attendee/766164594 | --- | --- | |---------------------|----------------| | | | | Domestic Live: | 1-888-330-3416 | | International Live: | 1-646-960-0820 | | Conference ID: | 1542153 | | Password: | Summit | Domestic Replay: 1-800-770-2030 Conference ID: 1542153 Summ ...
Summit Materials(SUM) - 2024 Q1 - Earnings Call Transcript
2024-05-02 20:08
Yes, Phil. Glad you picked up on the cost. That is a focus for us. And right out of the gate this year, we said operational excellence. We've been going through, side by side, doing these continuous improvement projects. We dropped $15 million to the bottom line last year. We're going to double down our efforts this year. We're building out those capabilities. We're very focused, what we call as an STVC, sub variable cost, which is our unit cost per ton of aggregates produced. So you're going to see through ...
Summit Materials(SUM) - 2024 Q1 - Quarterly Results
2024-05-01 20:22
Exhibit 99.1 Summit Materials, Inc. Reports First Quarter 2024 Results Margin Expansion Fueled by Pricing Momentum and Operational Improvements Raises 2024 Synergy Target to At Least $40 million Adjusting 2024 Guidance Higher DENVER, CO. - (May 1, 2024) - Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials," "Summit Inc." or the "Company"), market-leading producer of aggregates and cement company, today announced results for the first quarter ended March 30, 2024. All comparisons are versus the ...
Summit Materials(SUM) - 2023 Q4 - Earnings Call Transcript
2024-02-16 01:39
Summit Materials, Inc. (NYSE:SUM) Q4 2023 Earnings Conference Call February 15, 2024 11:00 AM ET Company Participants Andy Larkin - Vice President, Investor Relations Anne Noonan - Chief Executive Officer Scott Anderson - Chief Financial Officer Conference Call Participants Stanley Elliott - Stifel Garik Shmois - Loop Capital Research Phil Ng - Jefferies Adam Thalhimer - Thompson Davis Anthony Pettinari - Citigroup Brent Thielman - D.A. Davidson Keith Hughes - Truist Joe Nolan - Longbow Research Noah Merkou ...