Inactive Instrument

Forterra, Inc.

FRTA

US34960W1062

Forterra, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021

July 28, 2021 at 05:33 pm EDT

Forterra, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 492.8 million compared to USD 426.2 million a year ago. Operating income was USD 63.6 million compared to USD 51.1 million a year ago. Net income was USD 36.1 million compared to USD 27.1 million a year ago. Basic earnings per share from continuing operations was USD 0.54 compared to USD 0.42 a year ago. Diluted earnings per share from continuing operations was USD 0.52 compared to USD 0.4 a year ago. For the half year, sales was USD 860.9 million compared to USD 757.1 million a year ago. Operating income was USD 102.5 million compared to USD 55.1 million a year ago. Net income was USD 54.7 million compared to USD 13 million a year ago. Basic earnings per share from continuing operations was USD 0.82 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.79 compared to USD 0.19 a year ago.

Latest news about Forterra, Inc.

Berenberg Bank Terminates Coverage on Forterra Following the Completion of the Acquisition by Quikrete Holdings	22-03-28	MT
Forterra, Inc.(NasdaqGS:FRTA) dropped from S&P TMI Index	22-03-22	CI
Forterra, Inc.(NasdaqGS:FRTA) dropped from S&P Global BMI Index	22-03-22	CI
Forterra, Inc. Announces Resignation of Directors	22-03-21	CI
Quikrete Closes Forterra Buyout	22-03-18	MT
Forterra, Inc.(NasdaqGS:FRTA) dropped from NASDAQ Composite Index	22-03-18	CI
Quikrete Holdings, Inc. completed the acquisition of Forterra, Inc. from Lone Star Americas Acquisitions, Inc and others.	22-03-17	CI
Building Materials Group Forterra Swings To Profit In FY21 On Higher Brick Sales	22-03-10	MT
Earnings Flash (FORT.L) FORTERRA Reports FY21 EPS GBX19.70	22-03-10	MT
Earnings Flash (FORT.L) FORTERRA Posts FY21 Revenue GBP370.4M	22-03-10	MT
Forterra, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021	22-02-28	CI
Forterra, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	22-02-28	CI
Earnings Flash (FRTA) FORTERRA Posts Q4 Revenue $470.7M	22-02-28	MT
Earnings Flash (FRTA) FORTERRA Reports Q4 EPS $0.37	22-02-28	MT
Forterra To Buy Back Up To $54 Million Of Shares	22-01-26	MT
Forterra Flags 27% Rise In FY21 Revenue On Strong Trading	22-01-26	MT
Forterra Forecasts FY21 Results To Meet Management Expectations	21-11-25	MT
Earnings Flash (FRTA) FORTERRA Posts Q3 EPS $0.51	21-10-27	MT
Earnings Flash (FRTA) FORTERRA Reports Q3 Revenue $526.6M	21-10-27	MT
Forterra, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-10-27	CI
Forterra : Disposes Swadlincote Site For $20 Million	21-08-26	MT
Forterra : Earnings Flash (FORT.L) FORTERRA Reports H1 Revenue GBP180.3M	21-07-29	MT
Forterra : Earnings Flash (FORT.L) FORTERRA Reports H1 EPS GBX9.30	21-07-29	MT
Forterra : Earnings Flash (FRTA) FORTERRA Reports Q2 EPS $0.52	21-07-28	MT
Forterra : Earnings Flash (FRTA) FORTERRA Posts Q2 Revenue $492.8M	21-07-28	MT

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Company Profile

Forterra Inc is a United States-based company, which is engaged in in the manufacturing, sale and distribution of building products. The Company's primary products are concrete drainage pipe, precast concrete structures, and water transmission pipe used in drinking and wastewater systems. Its products are used in the residential, infrastructure and non-residential sectors of the construction industry. The Company's segments include drainage pipe & products, water pipe & products, and corporate and other. Its drainage pipe & products segment manufactures drainage pipe and precast products in the United States and Eastern Canada. It also manufactures concrete pressure pipe products in Eastern Canada. The Water Pipe & Products segment produces ductile iron pipe (DIP) in pipe. The Corporate and other segment include certain shared services, executive and other administrative functions.

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Construction Materials

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