Vulcan Q1 revenue beats estimates on shipment growth

Vulcan Materials Co

29/04/2026 12:17

Overview

US construction aggregates producer's Q1 revenue rose, beating analyst expectations

Adjusted EPS for Q1 increased and beat analyst expectations

Company reaffirmed full-year adjusted EBITDA outlook, citing strong project backlog

Outlook

Vulcan reaffirms 2026 full-year adjusted EBITDA outlook of $2.4 bln to $2.6 bln

Company cites healthy backlog and public construction activity supporting momentum for the year

Vulcan continues to monitor potential impacts from geopolitical uncertainty

Result Drivers

AGGREGATES SHIPMENT GROWTH - Co said 5% increase in aggregates shipments was supported by large projects, growth in public construction, and more typical weather compared to prior year

PRICING GAINS - Price increases effective at the beginning of the year resulted in widespread pricing growth across the company’s footprint

COST CONTROL - Effective cost control from operational execution helped drive higher cash gross profit per ton, despite a 4% increase in unit cash cost of sales

Company press release: ID:nPn301zFWa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.76 bln
$1.62 bln (14 Analysts)
Q1 Adjusted EPS
Beat
$1.35
$1.12 (17 Analysts)
Q1 Net Income
$165 mln
Q1 Adjusted EBITDA
Beat
$447 mln
$417.40 mln (16 Analysts)
Q1 Gross Profit
$423 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the construction materials peer group is "buy"

Wall Street's median 12-month price target for Vulcan Materials Co is $333.50, about 14.4% above its April 28 closing price of $291.46

The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 29 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)