U.S. Concrete: 4Q Earnings Snapshot

Associated Press
Updated ·1 min read

EULESS, Texas (AP) _ U.S. Concrete Inc. (USCR) on Wednesday reported a fourth-quarter loss of $1.5 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Euless, Texas-based company said it had a loss of 9 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 55 cents per share.

The concrete and aggregates producer posted revenue of $334.4 million in the period.

For the year, the company reported profit of $25.5 million, or $1.53 per share. Revenue was reported as $1.37 billion.

U.S. Concrete shares have increased 28% since the beginning of the year. The stock has increased 39% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on USCR at https://www.zacks.com/ap/USCR