Summit Materials, Inc. Reports First Quarter 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/26/2026
- Nasdaq lags on angst over AI spending ahead of earnings reports
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Intel jumps 10% after AI-fueled quarter crushes estimates, upbeat outlook
- Oil falls on report China pushing for end US-Iran war
- Why Meta, Microsoft, and Nvidia are championing open-weight AI
- FDA approves Tylenol with Naproxen as first OTC combo pain reliever
- AMD (AMD) PT Raised to $1,250 at Baird
- Pakistan, Iran explore path towards new talks with US in a China-initiated push, sources say
- Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
- Nasdaq lags on angst over AI spending ahead of earnings reports
Summit Materials (SUM) PT Raised to $37 at Loop Capital
May 12, 2021 7:40 AM EDTLoop Capital analyst Garik Shmois raised the price target on Summit Materials (NYSE: SUM) to $37.00 (from $34.00) while maintaining a Buy rating.
The analyst commented, "On the back of SUMs impressive 1Q, were raising our estimates and PT to $37 (+$3) as absent significant weather... More
Summit Materials (SUM) Tops Q1 EPS by 14c, Revenues Beat
May 10, 2021 4:17 PM EDTSummit Materials (NYSE: SUM) reported Q1 EPS of ($0.33), $0.14 better than the analyst estimate of ($0.47). Revenue for the quarter came in at $398.5 million versus the consensus estimate of $355 million.
Anne Noonan, CEO of Summit Materials, commented, "After a strong finish to 2020, Summit has accelerated into 2021 with record first quarter Adjusted EBITDA. Migration activity continues to favor our rural and exurban markets and most of... More
