Summit Materials (SUM) Tops Q4 EPS by 11c

Summit Materials (NYSE: SUM) reported Q4 EPS of $0.37, $0.11 better than the analyst estimate of $0.26. Revenue for the quarter came in at $553.42 million versus the consensus estimate of $600.48 million.

For the full year 2022, Summit is currently projecting Adjusted EBITDA of approximately $535 million to $565 million and expects 2022 capital expenditure of approximately $270 million to $290 million including greenfield projects.

For earnings history and earnings-related data on Summit Materials (SUM) click here.

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