Martin Marietta (MLM) came out with quarterly earnings of $5.26 per share, missing the Zacks Consensus Estimate of $5.57 per share. This compares to earnings of $5.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.57%. A quarter ago, it was expected that this seller of granite, limestone, sand and gravel would post earnings of $1.88 per share when it actually produced earnings of $1.93, delivering a surprise of 2.66%. Ove ...

Exhibit 99.1 Quarter Ended June 30, MARTIN MARIETTA REPORTS SECOND-QUARTER 2024 RESULTS Record Second-Quarter Aggregates Gross Profit Per Ton With Pricing Gains Across All Product Lines Closing and Integration of Blue Water Acquisition Reinforces Aggregates-Led Business Model Revised Full-Year Guidance RALEIGH, N.C. (August 8, 2024) – Martin Marietta Materials, Inc. (NYSE: MLM) ("Martin Marietta" or the "Company"), a leading national supplier of aggregates and heavy building materials, today reported result ...

Martin Marietta Materials, Inc. (MLM) is scheduled to report second-quarter 2024 results on Aug 8, before the opening bell. In the last reported quarter, the company's adjusted earnings per share (EPS) surpassed the Zacks Consensus Estimate by 2.7% but revenues missed the same by 3.4%. On a year-over-year basis, this aggregates producer's earnings and total revenues were down 10.7% and 7.6%, respectively. Notably, Martin Marietta's earnings topped the consensus mark in the last four quarters, the average su ...

The market expects Martin Marietta (MLM) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 8, 2024, might help the stock move higher if these key numbers ar ...

RALEIGH, N.C., July 15, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) ("Martin Marietta" or the "Company") will host its second-quarter 2024 earnings conference call on Thursday, August 8, 2024, at 10:00 a.m. Eastern Time. The Company will release results for the quarter ended June 30, 2024, that morning before the market opens. A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company's website at www.martinmarietta.com. The co ...

Investor Contact: Jacklyn Rooker Director, Investor Relations (919) 510-4736 Jacklyn.Rooker@martinmarietta.com A live, listen-only webcast and supplemental information will be accessible on the Investors section of the Company's website at www.martinmarietta.com. The conference call may also be accessed by dialing +1 (646) 564-2877 and using conference ID 07179. Please dial in at least 15 minutes in advance to ensure a timely connection to the call. An on-demand replay will be available on the Company's web ...

Focus on Reviving Infrastructure: The Infrastructure Investment and Jobs Act, the Creating Helpful Incentives to Produce Semiconductors and Science Act, and the Inflation Reduction Act collectively signify a substantial commitment to bolstering American competitiveness. These three enacted laws are aimed at revitalizing American infrastructure, expediting the shift toward a sustainable economy, and fortifying the domestic semiconductor sector. Chicago, IL – June 14, 2024 – Today, Zacks Equity Research discu ...

Uncertainties in the macroeconomic landscape, weather-related issues, and increased labor costs pose challenges for the Zacks Building Products - Concrete & Aggregates industry. The Federal Reserve's recent decision to maintain high interest rates and reduce the expected number of rate cuts this year from three to one can impact the industry players. Industry Description Focus on Reviving Infrastructure: The Infrastructure Investment and Jobs Act, the Creating Helpful Incentives to Produce Semiconductors an ...

Martin Marietta Materials, Inc. (MLM) is benefiting from its strong aggregates pricing strategy, strength in public construction and accretive acquisitions. Also, the emphasis on long-term strategic plans — markedly SOAR (Strategic Operating Analysis and Review) 2025 initiatives bodes well. The expected improving infrastructure activity trend through 2024, thanks to a solid inflow of public funds for infrastructure and manufacturing activities, is encouraging. The Zacks Rank #3 (Hold) company's 2024 earning ...

It has been about a month since the last earnings report for Martin Marietta (MLM) . Shares have lost about 4.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Martin Marietta due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Martin Marietta Q1 Earnings Beat Estim ...