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SUM News and Press, Summit Materials Inc. Class A From 07/11/23

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Company Name: Summit Materials Inc. Class A
Stock Symbol: SUM
Market: NYSE
Website: summit-materials.com

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SUM - Martin Marietta Materials: Not A Buy Despite Good Growth Prospects

2023-07-11 14:59:19 ET Summary Martin Marietta Materials is expected to see growth due to favorable pricing, robust demand, and increased federal spending through the IIJA and CHIPS Act. Despite inflationary headwinds, expected price increases are anticipated to lead to margin exp...

SUM - Summit Materials: Good Medium To Long-Term Growth Prospects

2023-07-09 11:20:03 ET Summary Summit Materials Inc's revenue growth is expected to benefit from price increases and strong demand in non-residential and public infrastructure markets, offsetting a decline in residential volume. The company has managed to offset inflation and supp...

SUM - Jefferies taps small- and mid-cap stocks that rank well on all factors

2023-05-30 10:18:25 ET Jefferies tapped nine themes and then ran a quant screen on factors that fit their strategy best. It came up with 19 names, but with a twist. "We decided to use our quant model and factors to determine our themes and in the end, we came away with 19 Buy rated ...

SUM - Summit Materials, Inc. (SUM) Q1 2023 Earnings Call Transcript

2023-05-05 20:13:27 ET Summit Materials, Inc. (SUM) Q1 2023 Earnings Conference Call May 04, 2023 12:00 PM ET Company Participants Andy Larkin - Vice President of Investor Relations Anne Noonan - Chief Executive Officer Scott Anderson - Chief Financial Officer ...

SUM - Summit Materials beats Q1 top and bottom line estimates; raises FY23 Adjusted EBITDA outlook

2023-05-03 17:08:14 ET Summit Materials press release ( NYSE: SUM ): Q1 GAAP EPS of -$0.26 beats by $0.13 . Revenue of $407.27M (+3.8% Y/Y) beats by $10.66M . Outlook: For the full year 2023, Summit is raising its Adjusted EBITDA guidance to reflect perform...

SUM - Summit Materials, Inc. Reports First Quarter 2023 Results

Summit Materials, Inc. Reports First Quarter 2023 Results PR Newswire Record First Quarter Net Revenue Record Quarterly Aggregates Pricing Growth Raises 2023 Adjusted EBITDA Guidance DENVER , May 3, 2023 /PRNewswire/ -- Summit Materials, I...

SUM - Summit Materials: Cyclical Market Exposure Keeps Me On The Sidelines

2023-04-24 10:54:34 ET Summary Summit Materials should witness a slight decline YoY in the topline in FY2023 due to a slowdown in the residential end market. I anticipate margins to remain flat YoY in the coming quarters. Summit Materials' near-term headwinds and cyclical end-...

SUM - Summit Materials Announces First Quarter 2023 Results Conference Call Date

Summit Materials Announces First Quarter 2023 Results Conference Call Date PR Newswire DENVER , April 13, 2023 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM, "Summit" or the "Company"), a leading vertically integrated construction materials company, today...

SUM - 3 Homebuilder Stocks to Avoid Like the Plague

2023-04-05 11:52:34 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips These are precarious times for the U.S. housing market, and related homebuilder stocks. High-interest rates, a slowing economy, and a recent banking crisis are bad omens for the real estate mar...

SUM - Summit and Continental Cement Invests in North America's Largest Cement Storage Dome in Davenport, Iowa

Summit Materials, Inc. (NYSE: SUM) ("Summit," "Summit Materials," "Summit Inc." or the "Company"), a leading construction materials solutions provider, in partnership with its subsidiary, Continental Cement Company, LLC ("Continental Cement," "CCC"), announced the official opening of the Davenpor...

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