Summit MaterialsNYSE: SUM

Summit Materials, Inc. (NYSE:SUM ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Andy Larkin – Vice President of Investor Relations Anne Noonan – Chief Executive Officer Scott Anderson – Chief Financial Officer Conference Call Participants Philip Ng – Jefferies Trey Grooms – Stephens Garik Shmois – Loop Capital Asher Sohnen – Citigroup Kathryn Thompson – Thompson Research Group Angel Castillo – Morgan Stanley Timna Tanners – Wolfe Research Rohit Seth – Seaport Research Partners Keith Hughes – Truist Securities Adam Thalhimer – Thompson Davis & Co. Jerry Revich – Goldman Sachs Mike Dahl – RBC Capital Markets Operator Thank you for standing by. My name is Mandeep, and I'll be your operator today.

Pricing Momentum Continues Sets ELEVATE Summit Record for Quality of Earnings Refining 2024 Guidance DENVER , Oct. 30, 2024 /PRNewswire/ -- 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 third quarter ended September 28, 2024. All comparisons are versus the quarter ended September 30, 2023 unless noted otherwise.

DENVER , Oct. 15, 2024 /PRNewswire/ -- Summit Materials, Inc. (NYSE: SUM, "Summit" or the "Company"), a leading vertically integrated construction materials company, today announced that it will release third quarter 2024 financial results after the market closes on Wednesday, October 30, 2024. A conference call will be held on Thursday, October 31, 2024, at 11:00 a.m.

Summit Materials, Inc. has strong growth prospects driven by price increases, easing volume comparisons, and robust demand in public infrastructure and manufacturing sectors. Margins are expected to improve due to cost synergies from acquisitions, moderating inflation, and productivity gains despite recent weather-related volume declines. The stock is trading at a discount to its historical averages, with potential for P/E multiple re-rating and high double-digit EPS growth in the coming years.

First global pre-commercial installation of FuelFlex technology will reduce Davenport's Fossil Fuel usage by 20%.  DENVER , Sept.

The headline numbers for Summit Materials (SUM) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Summit Materials (SUM) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.71 per share a year ago.

Argos USA Synergies On Track Sustained Aggregates Growth Reaffirming 2024 Guidance Range DENVER , Aug. 5, 2024 /PRNewswire/ -- 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.

Summit Materials (SUM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.