Vulcan Materials Co reports results for the quarter ended March 31 - Earnings Summary

• Vulcan Materials Co VMC.N reported quarterly adjusted earnings of $1.00​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 80 cents. The mean expectation of twenty analysts for the quarter was for earnings of 78 cents per share. Wall Street expected results to range from 58 cents to 99 cents per share.

• Revenue rose 5.8% to $1.63 billion from a year ago; analysts expected $1.65 billion.

• Vulcan Materials Co's reported EPS for the quarter was 97 cents​.

• The company reported quarterly net income of $128.9 million.

• Vulcan Materials Co shares had risen by 5.2% this quarter and lost 4.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 28.1% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the construction materials peer group is also "buy"

• Wall Street's median 12-month price target for Vulcan Materials Co is $293.00

This summary was machine generated from LSEG data April 30 at 02:31 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)