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

$40.60
+0.20 (+0.50%)
(As of 05/9/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 7Estimated
Actual EPS
(May. 1)
-$0.12 Beat By $0.11
Consensus EPS
(May. 1)
-$0.23
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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($0.19)($0.19)($0.19) 
Q2 20241$0.74$0.74$0.74 
Q3 20241$0.90$0.90$0.90 
Q4 20241$0.51$0.51$0.51 
FY 20244$1.96$1.96$1.96 
Q1 20251($0.04)($0.04)($0.04) 
Q2 20251$0.88$0.88$0.88 
Q3 20251$1.03$1.03$1.03 
Q4 20251$0.63$0.63$0.63 
FY 20254$2.50$2.50 $2.50

SUM Earnings Date and Information

Summit Materials last announced its quarterly earnings results on May 1st, 2024. The construction company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.23) by $0.11. The firm had revenue of $773.23 million for the quarter, compared to analyst estimates of $803.98 million. Its revenue for the quarter was up 89.9% compared to the same quarter last year. Summit Materials has generated $2.24 earnings per share over the last year ($2.24 diluted earnings per share) and currently has a price-to-earnings ratio of 18.1. Earnings for Summit Materials are expected to grow by 19.91% in the coming year, from $2.21 to $2.65 per share. Summit Materials has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 7th, 2024 based off prior year's report dates.

Summit Materials Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/7/2024
Estimated)
------- 
5/1/2024Q1 2024($0.23)($0.12)+$0.11$0.16$803.98 million$773.23 million    
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 not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 7th, 2024 based off last year's report dates. 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 ($0.12) earnings per share (EPS) to beat the analysts' consensus estimate of ($0.23) by $0.11. 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 $2.99 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 $2.24 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 18.13 and a forward price-to-earnings ratio of 18.37.

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

Summit Materials's earnings are expected to grow from $2.21 per share to $2.65 per share in the next year, which is a 19.91% increase.


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This page (NYSE:SUM) was last updated on 5/9/2024 by MarketBeat.com Staff

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