Although the revenue and EPS for Summit Materials (SUM) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Summit Materials (SUM) delivered earnings and revenue surprises of 47.83% and 5.30%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Summit Materials' (SUM) first-quarter performance is expected to have benefited from solid pricing actions. Yet, lower volumes and higher costs & expenses ail.