UPDATE 1-Colombia's Grupo Argos reports 4% profit bump in 2023 [Yahoo! Finance]
Summit Materials, Inc. Class A (SUM)
Last summit materials, inc. class a earnings: 4/29 06:00 am
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Source: Yahoo! Finance
Argos' profit rose to 916 billion pesos ($231.28 million) in the year. Revenues at Argos, which also controls airport operator Odinsa, grew 6% to 22.59 trillion pesos. The firm's cement unit saw sales grow 9%, while its energy subsidiary boosted sales by 12% in the year. In a company statement, Grupo Argos CEO Jorge Mario Velasquez the company's 2023 results were "historic" and highlighted two milestones in the year: the asset combination between Summit Materials and Cementos Argos' US unit as well as the exchange agreement of Grupo Argos' stake in food producer Nutresa. "Both are achievements that consolidate the company as a relevant player in the infrastructure sector." ($1 = 3,960.6400 Colombian pesos) (Reporting by Kylie Madry; Editing by Brendan O'Boyle)
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News
- Summit Materials, Inc. (NYSE: SUM) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Summit Materials, Inc. (NYSE: SUM) had its price target raised by analysts at Stephens from $47.00 to $50.00. They now have an "overweight" rating on the stock.MarketBeat
- Summit Materials, Inc. (NYSE:SUM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Summit Materials, Inc. (NYSE: SUM) had its price target raised by analysts at Royal Bank of Canada from $44.00 to $46.00. They now have a "sector perform" rating on the stock.MarketBeat
- Summit Materials (SUM) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
SUM
Earnings
- 5/1/24 - Beat
SUM
Sec Filings
- 5/6/24 - Form DEFA14A
- 5/6/24 - Form DEFA14A
- 5/1/24 - Form 8-K
- SUM's page on the SEC website