Vulcan Materials Co expected to post earnings of $2.27 a share - Earnings Preview

Vulcan Materials Co

24/10/2023 16:00

* Vulcan Materials Co  VMC.N   VMC  is expected to show a
rise in
quarterly revenue when it reports  results on October 26. 
    * The Birmingham Alabama-based  company is expected to
report  a
4.1% increase in revenue to $2.174 billion from $2.09 billion a
year ago, according to the mean estimate from 16 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Vulcan Materials Co
is
for earnings of $2.27 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 5
"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​, above​ its last closing price of $202.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.68        1.70       1.78      Beat    4.6
 ​​Jun.        1.65        1.69       1.64      Missed  -3
 30 2022                                                
 Mar. 31 2022  0.59        0.62       0.73      Beat    17.5​
 Dec. 31 2021  1.14        1.16       1.25      Beat    7.7
 Sep. 30 2021  1.63        1.65       1.54      Missed  -6.8
 This summary was machine generated October 24 at 15:00 GMT.  All
figures in US dollars  unless otherwise stated