Summit Materials (SUM) reported $1.11 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 49.9%. EPS of $0.75 for the same period compares to $0.81 a year ago.

The reported revenue represents a surprise of -6.20% over the Zacks Consensus Estimate of $1.19 billion. With the consensus EPS estimate being $0.70, the EPS surprise was +7.14%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Summit Materials performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Total Volume - Aggregates: 15,368 Ton versus the three-analyst average estimate of 14,468.06 Ton.
• Pricing - Cement: $155.76 versus the three-analyst average estimate of $157.48.
• Pricing - Aggregates: $15.34 compared to the $15.40 average estimate based on three analysts.
• Total Volume - Cement: 2,261 Ton compared to the 2,412.05 Ton average estimate based on three analysts.
• Net Revenue by Line of Business- Materials- Cement: $304.95 million versus $346.94 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +164.9% change.
• Net Revenue by Line of Business- Materials- Aggregates: $192.31 million versus the five-analyst average estimate of $180.84 million. The reported number represents a year-over-year change of +7%.
• Net Revenue by Line of Business- Service: $98.20 million compared to the $102.18 million average estimate based on four analysts. The reported number represents a change of -2% year over year.
• Net Revenues by product- Ready-mixed concrete: $375.99 million versus the three-analyst average estimate of $401.24 million. The reported number represents a year-over-year change of +76.3%.
• Net Revenues by product- Asphalt: $115.54 million versus the three-analyst average estimate of $120.62 million. The reported number represents a year-over-year change of -2%.
• Net Revenue- Delivery and subcontract revenue: $59.29 million versus the three-analyst average estimate of $61.57 million. The reported number represents a year-over-year change of +12.2%.
• Net Revenue by Line of Business- Products: $516.38 million versus the three-analyst average estimate of $574.89 million. The reported number represents a year-over-year change of +48.9%.
• Net Revenue by Line of Business- Materials and Products: $1.01 billion versus $1.09 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +57.9% change.

View all Key Company Metrics for Summit Materials here>>>

Shares of Summit Materials have returned +21.7% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.

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