Analysts Estimate Summit Materials (SUM) to Report a Decline in Earnings: What to Look Out for
SUMSummit Materials(SUM) ZACKS·2024-07-29 23:06

Wall Street expects a year-over-year decline in earnings on higher revenues when Summit Materials (SUM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 5. O ...