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U.S. Concrete: 4Q Earnings Snapshot

February 25, 2020 - 5:21 am

EULESS, Texas (AP) _ U.S. Concrete Inc. (USCR) on Tuesday reported fourth-quarter net income of $3.9 million.

On a per-share basis, the Euless, Texas-based company said it had net income of 23 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 47 cents per share.

The concrete and aggregates producer posted revenue of $369.2 million in the period.

For the year, the company reported profit of $14.9 million, or 91 cents per share. Revenue was reported as $1.48 billion.

U.S. Concrete expects full-year revenue in the range of $1.5 billion to $1.6 billion.

U.S. Concrete shares have declined 12% since the beginning of the year. The stock has decreased nearly 10% 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

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