Summit Materials Sees FY24 Adj. EBITDA ~$970M-$1.010B
Portfolio Pulse from Benzinga Newsdesk
Summit Materials projects its FY24 adjusted EBITDA to be approximately $970M-$1.010B.
May 01, 2024 | 8:41 pm
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POSITIVE IMPACT
Summit Materials expects its FY24 adjusted EBITDA to be between $970M and $1.010B.
The projection of adjusted EBITDA in the range of $970M-$1.010B for FY24 by Summit Materials is a positive signal for investors, indicating potential growth and profitability. This forecast could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100