Vulcan Materials Co expected to post earnings of $1.39 a share - Earnings Preview

Vulcan Materials Co

14/02/2024 13:40

* Vulcan Materials Co  VMC.N   VMC  is expected to show a
rise in
quarterly revenue when it reports  results on February 16 for
the period ending December 31 2023
    * The Birmingham Alabama-based  company is expected to
report a
5.9% increase in revenue to $1.834 billion from $1.73 billion a
year ago, according to the mean estimate from 16 analysts, based
on LSEG data. (Sales majority is on Total revenue/sales)
    * ​LSEG's mean analyst estimate for Vulcan Materials Co is
for
earnings of $1.39 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 19 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Vulcan
Materials
Co is $251.50​, above​ its last closing price of $237.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  2.29        2.30       2.29      Missed  -0.2
 Jun. 30 2023  1.95        1.91       2.29      Beat    19.7
 Mar. 31 2023  0.58        0.61       0.95      Beat    55.4​
 Dec. 31 2022  1.25        1.26       1.08      Missed  -14.3
 ​​Sep.        1.68        1.70       1.78      Beat    4.6
 30 2022                                                
 Jun. 30 2022  1.65        1.69       1.64      Missed  -3​
 Mar. 31 2022  0.59        0.62       0.73      Beat    17.5
 Dec. 31 2021  1.14        1.16       1.25      Beat    7.7
 This summary was machine generated February 14 at 13:40 GMT. 
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)