Suncrete (NASDAQ:RMIX) Issues Earnings Results

Posted by on Aug 14th, 2026

Suncrete (NASDAQ:RMIX – Get Free Report) released its quarterly earnings results on Friday. The company reported ($0.72) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.70), Briefing.com reports. The firm’s revenue was up 146.2% on a year-over-year basis.

Here are the key takeaways from Suncrete’s conference call:

  • Second-quarter revenue rose 146% year over year to $97.2 million, including approximately 9% organic growth despite unusually wet weather. Adjusted EBITDA increased to $13.5 million from $7.0 million.
  • Suncrete completed five acquisitions, adding 31 ready-mix plants, 279 mixer trucks, and eight concrete-products plants across the Sun Belt. Management said integration is progressing, though North Texas is taking longer while Oklahoma City and ABC Block are ahead of expectations.
  • Management maintained its 2026 outlook for revenue of $420 million-$480 million, adjusted EBITDA of $68 million-$93 million, and supplemental adjusted EBITDA of $71 million-$96 million. Executives expect stronger seasonal third-quarter volumes, acquisition integration, and improved cost absorption to support the second half.
  • Demand remains strong across commercial construction, infrastructure, residential development, and AI data centers, with management estimating organic growth of roughly 7%-10%. The company also cited a robust acquisition pipeline and expanded financing capacity, including a $175 million delayed-draw term loan and a $100 million accordion.
  • GAAP net loss widened to $37.1 million from $325,000, primarily due to a $26.9 million non-cash de-SPAC charge; operating cash flow was also negative at approximately $19.6 million because of higher SG&A and acquisition-related costs.

Suncrete Price Performance

NASDAQ:RMIX traded down $0.35 during trading hours on Friday, reaching $18.47. 662,570 shares of the company’s stock were exchanged, compared to its average volume of 349,181. The firm’s 50-day moving average is $19.92. Suncrete has a 1-year low of $9.20 and a 1-year high of $25.50.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. William Blair began coverage on shares of Suncrete in a research note on Monday, May 4th. They issued an “outperform” rating for the company. B. Riley Financial initiated coverage on Suncrete in a research report on Wednesday, June 24th. They set a “buy” rating and a $26.00 price objective on the stock. Wall Street Zen upgraded Suncrete to a “sell” rating in a research note on Saturday, June 13th. Roth Capital initiated coverage on Suncrete in a report on Thursday, May 14th. They issued a “buy” rating and a $21.00 target price for the company. Finally, Jefferies Financial Group initiated coverage on Suncrete in a research note on Friday, May 1st. They issued a “buy” rating and a $19.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Suncrete has an average rating of “Buy” and an average target price of $21.75.

Read Our Latest Report on Suncrete

Suncrete Company Profile

(Get Free Report)

Haymaker Acquisition Corp. 4 is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. Haymaker Acquisition Corp. 4 is based in New York.

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