Summit Materials (SUM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates ...

Concrete supplier Quikrete is buying rival Summit Materials, in a deal valued at $11.5 billion that will capitalize on high demand for building materials, the company said in a statement Nov. 25.

Scott Anderson, Executive Vice President and CFO of Summit Materials added, “Our capital allocation strategy is designed to unlock growth in a disciplined, returns-focused manner. With nearly $ ...

Summit Materials (SUM) said Monday it agreed to be acquired and taken private by packaged concrete manufacturer Quikrete Holdings in a deal with an enterprise value of about $11.5 billion ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Summit Materials (SUM) reports results for the quarter ended September 2020. While this widely-known consensus ...