Vulcan Materials Co expected to post earnings of 74 cents a share - Earnings Preview

Vulcan Materials Co

30/04/2024 19:32

* Vulcan Materials Co  VMC.N   VMC  is expected to show a
fall in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Birmingham Alabama-based  company is expected to
report a
9.8% decrease in revenue to $1.487 billion from $1.65 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 74 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Vulcan
Materials
Co is $290.00​, above​ its last closing price of $261.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  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. 31 2023  0.58        0.61       0.95      Beat    55.4
 ​​Dec.        1.25        1.26       1.08      Missed  -14.3
 31 2022                                                
 Jan. 1 0001   1.68        1.70       1.78      Beat    4.6​
 Jun. 30 2022  1.65        1.69       1.64      Missed  -3
 Mar. 31 2022  0.59        0.62       0.73      Beat    17.5
 This summary was machine generated April 30 at 18:32 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)