Earnings Preview For Summit Materials
Portfolio Pulse from Benzinga Insights
Summit Materials (NYSE:SUM) is set to release its latest quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $0.58. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $36.18 and has seen a 35.54% increase over the last 52-week period.
August 04, 2023 | 9:37 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Summit Materials is expected to release its Q2 earnings report. The company has a history of beating EPS estimates, which could potentially lead to an increase in share price.
The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. Given this, and the fact that the stock has seen a 35.54% increase over the last 52-week period, it is likely that the upcoming earnings report could have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100