Vulcan Materials Co reports results for the quarter ended in December - Earnings Summary

Vulcan Materials Co

16/02/2024 14:31

* Vulcan Materials Co  VMC.N  reported quarterly adjusted
earnings
of $1.46​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of $1.08.  The mean expectation of twenty one analysts for the
quarter was for earnings of $1.39 per share. Wall Street
expected results to range from $1.24  to $1.53 per share.
    * Revenue rose 5.9% to $1.83 billion from a year ago;
analysts
expected $1.83 billion. 
    * Vulcan Materials Co's reported EPS for the quarter was
$1.70​.
    * The company reported quarterly net income of $227.5
million.
    * Vulcan Materials Co shares had risen by 6.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Vulcan
Materials
Co is $251.50 

This summary was machine generated from LSEG data February 16 at
02:30 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
 Dec. 31 2023      1.39           1.46           Beat
 Sep. 30 2023      2.30           2.29           Missed
 Jun. 30 2023      1.91           2.29           Beat
 Mar. 31 2023      0.61           0.95           Beat