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Shares of US Concrete (NASDAQ:USCR) rose 2.1% in pre-market trading after the company reported Q1 results.
Quarterly Results
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Earnings per share decreased 0.00% year over year to ($0.04), which beat the estimate of ($0.26).
Revenue of $334,400,000 rose by 0.39% year over year, which beat the estimate of $334,000,000.
Looking Ahead
US Concrete hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
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Recent Stock Performance
Company's 52-week high was at $56.22
Company's 52-week low was at $6.75
Price action over last quarter: down 37.34%
Company Profile
U.S. Concrete sells ready-mixed concrete in several major markets in the United States, primarily in Texas, northern California, and the New York metro area. While U.S. Concrete also produces aggregates in some of its markets and has made more acquisitions in this area in recent years, the company primarily uses its aggregates production internally for its ready-mixed concrete operations. During 2019, U.S. Concrete sold approximately 9.2 million cubic yards of ready-mixed concrete and approximately 11.4 million tons of aggregates.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.