U.S. Concrete (USCR) closed the most recent trading day at $73.85, moving -0.07% from the previous trading session. This change lagged the S&P 500’s daily gain of 1.4%.
Prior to today’s trading, shares of the concrete and aggregates producer had gained 34.51% over the past month. This has outpaced the Construction sector’s loss of 5.18% and the S&P 500’s gain of 1.07% in that time.
Investors will be hoping for strength from USCR as it approaches its next earnings release. On that day, USCR is projected to report earnings of $0.69 per share, which would represent year-over-year growth of 40.82%. Meanwhile, our latest consensus estimate is calling for revenue of $342.33 million, up 6.08% from the prior-year quarter.
USCR’s full-year Zacks Consensus Estimates are calling for earnings of $2.59 per share and revenue of $1.4 billion. These results would represent year-over-year changes of +21.6% and +2.48%, respectively.
