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Summit Materials: 4Q Earnings Snapshot

DENVER (AP) _ Summit Materials Inc. (SUM) on Wednesday reported a fourth-quarter loss of $19.2 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Denver-based company said it had a loss of 17 cents. Losses, adjusted for non-recurring costs, were 16 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.

The construction materials producer posted revenue of $491 million in the period. Its adjusted revenue was $445.1 million, which also missed Street forecasts. Five analysts surveyed by Zacks expected $465.9 million.

For the year, the company reported profit of $33.9 million, or 30 cents per share. Revenue was reported as $1.91 billion.

Summit Materials shares have risen 30 percent since the beginning of the year. The stock has decreased 45 percent 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 SUM at https://www.zacks.com/ap/SUM