Martin Marietta Materials Inc reports results for the quarter ended March 31 - Earnings Summary

Martin Marietta Materials

30/04/2025 14:32

Martin Marietta Materials Inc MLM.N reported quarterly adjusted earnings of $1.90​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.93.  The mean expectation of twenty analysts for the quarter was for earnings of $1.86 per share. Wall Street expected results to range from $1.48  to $2.22 per share.

Revenue rose 8.2% to $1.35 billion from a year ago; analysts expected $1.35 billion.

Martin Marietta Materials Inc's reported EPS for the quarter was $1.90​.

The company reported quarterly net income of $116 million.

Martin Marietta Materials Inc shares had risen by 5.6% this quarter and lost 2.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 5.8% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction materials peer group is also "buy"

Wall Street's median 12-month price target for Martin Marietta Materials Inc is $605.00

This summary was machine generated from LSEG data April 30 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
1.86
1.90
Beat
Dec. 31 2024
4.52
4.79
Beat
Sep. 30 2024
6.28
5.91
Missed
Jun. 30 2024
5.36
4.76
Missed