construction loan

Some Emerging Guidance On Recognising Important Issues In Construction Loan

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Quote For the fiscal first quarter, the Zacks Consensus Estimate for earnings is pegged at 35 cents, reflecting a year-over-year decrease of 12.5%. Our estimate for revenues stands at $885.02 million, implying a 4.7% decline. Summit Materials, Inc. SUM, a leading vertically integrated construction materials company, is slated to report fourth-quarter 2016 numbers, before the market opens. In the preceding quarter, the companys earnings were in line with our expectations. The company surpassed earnings in three of the preceding four quarters with an average beat of 9.45%. Our proven model shows that Summit is likely to beat on earnings because it has the perfect combination of an Earnings ESP of +8.70% and a Zacks Rank #3 (Hold). This is because the companys Most Accurate estimate stands at 25 cents and the Zacks Consensus Estimate is pegged at 23 cents. You can uncover the best stocks to buy or sell before theyre reported with our Earnings ESP Filter. Also, the companys Zacks Rank #3 increases the predictive power of ESP.