Summit Materials (NYSE:SUM) reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Summit Materials beat estimated earnings by 3.85%, reporting an EPS of $0.27 versus an estimate of $0.26.
Revenue was up $18.44 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 2.23% drop in the share price the next day.
Here's a look at Summit Materials's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.64 | 0.52 | -0.47 | 0.17 |
| EPS Actual | 0.68 | 0.49 | -0.33 | 0.25 |
| Revenue Estimate | 729.59M | 642.05M | 355.00M | 513.52M |
| Revenue Actual | 662.26M | 618.53M | 398.48M | 571.86M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
