Add as a preferred source on GoogleSuncrete Cuts 2026 Outlook, Sees $200 Million to $250 Million From Acquisitions
Management cited high interest rates, project delays and a possible 12-to-18-month integration period. It also pointed to more than two years of Texas data-center backlog.
Suncrete, Inc. lowered its 2026 revenue and adjusted EBITDA outlook, while projecting that acquisitions completed this year will contribute $200 million to $250 million in revenue in 2027.
The company cited elevated interest rates weighing on residential construction, along with project delays. Management linked the delays to election uncertainty and geopolitical concerns.
Management said integration of acquired businesses may take 12 to 18 months. It also pointed to more than two years of backlog for Texas data-center projects.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.