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Vulcan (VMC) Q2 Earnings & Revenues Lag Estimates, '24 View Cut
ZACKS· 2024-08-06 15:31
Vulcan Materials Company (VMC) reported dismal second-quarter 2024 results, with earnings and revenues missing their respective Zacks Consensus Estimate. On a year-over-year basis, earnings increased, but revenues declined due to lower Aggregate shipments. VMC's shares fell 4.6% in the pre-market trading session on Aug 6, after the earnings release. Investors' sentiments are likely to have been hurt by the slashed 2024 net earnings outlook. Inside the Headlines Adjusted earnings of $2.35 per share missed th ...
Vulcan (VMC) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-06 14:35
For the quarter ended June 2024, Vulcan Materials (VMC) reported revenue of $2.01 billion, down 4.7% over the same period last year. EPS came in at $2.35, compared to $2.29 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.03 billion, representing a surprise of -0.97%. The company delivered an EPS surprise of -4.86%, with the consensus EPS estimate being $2.47. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
Vulcan Materials (VMC) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2024-08-06 13:40
Vulcan Materials (VMC) came out with quarterly earnings of $2.35 per share, missing the Zacks Consensus Estimate of $2.47 per share. This compares to earnings of $2.29 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -4.86%. A quarter ago, it was expected that this construction materials company would post earnings of $0.76 per share when it actually produced earnings of $0.80, delivering a surprise of 5.26%. Over the last fou ...
Vulcan(VMC) - 2024 Q2 - Quarterly Results
2024-08-06 11:35
Exhibit 99.1 August 6, 2024 FOR IMMEDIATE RELEASE Investor Contact: Mark Warren (205) 298-3220 Media Contact: Jack Bonnikson (205) 298-3220 VULCAN REPORTS SECOND QUARTER 2024 RESULTS Second Quarter Earnings Growth and Margin Expansion Underpinned by Execution in Aggregates Uniquely Positioned Aggregates Business Supports Full Year Earnings Growth Birmingham, Alabama – August 6, 2024 – Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, today announced results for ...
Unlocking Q2 Potential of Vulcan (VMC): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-08-01 14:20
The upcoming report from Vulcan Materials (VMC) is expected to reveal quarterly earnings of $2.49 per share, indicating an increase of 8.7% compared to the year-ago period. Analysts forecast revenues of $2.04 billion, representing a decrease of 3.6% year over year. The consensus EPS estimate for the quarter has undergone an upward revision of 0.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this ...
Vulcan Materials (VMC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-30 15:07
This construction materials company is expected to post quarterly earnings of $2.49 per share in its upcoming report, which represents a year-over-year change of +8.7%. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power ...
VULCAN DECLARES QUARTERLY DIVIDEND ON COMMON STOCK
Prnewswire· 2024-07-12 20:30
Vulcan Materials Company, a member of the S&P 500 Index with headquarters in Birmingham, Alabama, is the nation's largest producer of construction aggregates – primarily crushed stone, sand and gravel – and a major producer of aggregates-based construction materials, including asphalt mix and ready-mixed concrete. For additional information about Vulcan, go to www.vulcanmaterials.com. SOURCE Vulcan Materials Company BIRMINGHAM, Ala., July 12, 2024 /PRNewswire/ -- The Board of Directors of Vulcan Materials C ...
Vulcan(VMC) - 2024 Q1 - Earnings Call Transcript
2024-05-02 18:39
Vulcan Materials Company (NYSE:VMC) Q1 2024 Earnings Conference Call May 2, 2024 11:00 AM ET Company Participants Mark Warren - Vice President of Investor Relations Thomas Hill - Chairman and Chief Executive Officer Mary Andrews Carlisle - Senior Vice President and Chief Financial Officer Conference Call Participants Stanley Elliott - Stifel, Nicolaus & Company, Inc. Jonathan Bettenhausen - Truist Securities Anthony Pettinari - Citigroup Global Markets Kathryn Thompson - Thompson Research Group Trey Grooms ...
Vulcan(VMC) - 2024 Q1 - Quarterly Report
2024-05-02 16:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-33841 VULCAN MATERIALS COMPANY (Exact name of registrant as specified in its charter) New Jersey 20-8579133 (State or other juri ...
Vulcan(VMC) - 2024 Q1 - Earnings Call Presentation
2024-05-02 14:44
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------|-------|-------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Enhancing Our Core, Expanding Our Reach | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1Q 2024 SUPPLEMENTAL INFORMATION | | | | | | | | | | | | | | | ...