Vulcan Materials Co expected to post earnings of $2.48 a share - Earnings Preview

Vulcan Materials Co

02/08/2024 16:11

* Vulcan Materials Co  VMC.N   VMC  is expected to show a
fall in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Birmingham Alabama-based  company is expected to
report a
3.9% decrease in revenue to $2.03 billion from $2.11 billion a
year ago, according to the mean estimate from 16 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Vulcan Materials Co is
for
earnings of $2.48 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 6
"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 $298.50​, above​ its last closing price of $271.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.80        0.97       0.80      Missed  -17.3
 Dec. 31 2024  1.40        1.39       1.46      Beat    4.7
 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.        0.58        0.61       0.95      Beat    55.4
 31 2023                                                
 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. 30 2022  1.65        1.69       1.64      Missed  -3
 This summary was machine generated August 2 at 15:11 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)