BIRMINGHAM, Ala., Jan. 14, 2025 /PRNewswire/ -- Vulcan Materials Company (NYSE: VMC) will host its fourth quarter 2024 earnings conference call on Tuesday, February 18, 2025 at 10:00 a.m. CT (11:00 a.m. ET). Financial results will be released before the NYSE market opens.The Company invites investors and other interested parties to listen to the live webcast of the conference call at www.vulcanmaterials.com. To participate by phone, call 800-274-8461 approximately 10 minutes before the scheduled start. For ...

Vulcan Materials Company (NYSE: VMC ) is one of the largest producers of construction aggregates. Construction aggregates include raw materials like crushed stone, sand, and gravel, which can then be used to make other goods like asphalt andI'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can co ...

Acquisition Strategy - Vulcan Materials Company plans to acquire Superior Ready Mix Concrete LP to strengthen its presence in California, the second-largest aggregates market in the US [1] - The acquisition includes Superior's six aggregates operations, two asphalt plants, and 13 ready-mixed concrete locations, enhancing Vulcan's service capabilities in Southern California [1] - This aligns with Vulcan's aggregates-led growth strategy, focusing on high-demand markets and profitability [2] California Market Importance - California's growing population and infrastructure needs make it a critical market for Vulcan, with extensive demand for residential, commercial, and public works development [3] - Superior's assets will help Vulcan meet this demand efficiently, reinforcing its market leadership [3] - Superior's reputation for quality aligns with Vulcan's operational ethos, strengthening its competitive edge in customer service and supply chain reliability [3] Financial and Operational Impact - Vulcan has spent $2064 million on four bolt-on acquisitions in 2024, including California, North Carolina, Alabama, and Texas, supporting its geographic and operational expansion [4] - The company maintains financial flexibility, balancing acquisitions and shareholder returns, with a 2024 capital expenditure forecast of $625 million to $650 million [5] - Vulcan's CEO emphasizes the acquisition's value proposition, highlighting long-term profitability and customer satisfaction [6] Integration and Future Outlook - The acquisition is expected to close by the end of 2024, pending regulatory approvals, marking a significant step in Vulcan's sustainable growth strategy [8] - Vulcan's "Vulcan Way" disciplines, focusing on operational efficiency and market penetration, will guide the integration of Superior's assets [7] Share Performance and Industry Comparison - Vulcan's shares gained 12% following the acquisition news and have risen 232% year-to-date (YTD), outperforming the Zacks Building Products - Concrete and Aggregates industry's 149% growth [2][10] - The company benefits from strong public infrastructure demand, efficient execution of its strategy, and accretive buyouts [10] - The Zacks Consensus Estimate predicts 232% year-over-year growth in Vulcan's 2025 earnings per share [10] Industry Peers - Sterling Infrastructure Inc (STRL) has a Zacks Rank 1 (Strong Buy), with a 1145% YTD share increase and a 215% trailing four-quarter earnings surprise [12] - Louisiana-Pacific Corporation (LPX) also holds a Zacks Rank 1, with a 654% YTD gain and a 307% trailing four-quarter earnings surprise [13] - MasTec Inc (MTZ) sports a Zacks Rank 1, with a 798% YTD increase and a 402% trailing four-quarter earnings surprise [13]

BIRMINGHAM, Ala., Dec. 11, 2024 /PRNewswire/ -- Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, today announced that it has entered into a definitive agreement to acquire Superior Ready Mix Concrete, L.P. ("Superior"). This value-enhancing acquisition will add six aggregates operations with more than 50 years of quality aggregates reserves to Vulcan's California franchise. California ranks as the most populous state in the U.S. and the second largest aggregate ...

Enhancing Our Core, Expanding Our Reach 3Q 2024 SUPPLEMENTAL INFORMATION OCTOBER 30, 2024 Safe Harbor and Non-GAAP Financial Measures This presentation contains forward-looking statements. Statements that are not historical fact, including statements about Vulcan's beliefs and expectations, are forward-looking statements. Generally, these statements relate to future financial performance, results of operations, business plans or strategies, projected or anticipated revenues, expenses, earnings (including EB ...

Vulcan Materials Company (NYSE:VMC) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET Company Participants Mark Warren - VP, IR Tom Hill - Chairman & CEO Mary Andrews Carlisle - SVP & CFO Conference Call Participants Garik Shmois - Loop Capital Trey Grooms - Stephens Keith Hughes - Truist Anthony Pettinari - Citigroup Kathryn Thompson - Thompson Research Group Jerry Revich - Goldman Sachs Brent Thielman - D.A. Davidson Phil Ng - Jefferies Timna Tanners - Wolfe Research Michael Dudas - Vertical R ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Title of each class Trading Symbol Name of each exchange on which registered Common Stock, $1 par value VMC New York Stock Exchange (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 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 Num ...

Core Insights - Vulcan Materials (VMC) reported $2 billion in revenue for Q3 2024, an 8.3% decline year-over-year, with EPS of $2.22 compared to $2.29 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $2.03 billion, resulting in a surprise of -1.34%, while the EPS also missed the consensus estimate of $2.34 by -5.13% [1] Financial Performance Metrics - Average unit sales price per ton for Aggregates was $21.27, slightly above the estimated $21.20 [3] - Unit shipments for Aggregates were 57,700 KTon, below the estimated 59,740.56 KTon [3] - Unit shipments for Asphalt mix were 4,100 KTon, slightly below the estimate of 4,039.63 KTon [3] - Unit shipments for Ready-mixed concrete were 900 KCuYd, compared to the estimate of 1,011.27 KCuYd [3] - Average unit sales price per ton for Asphalt mix was $80.88, above the estimate of $79.82 [3] - Average unit sales price per cubic yard for Ready-mixed concrete was $185.61, above the estimate of $181.93 [3] - Net sales for Aggregates were $1.57 billion, below the average estimate of $1.63 billion, representing a -3.3% year-over-year change [3] - Net sales for Asphalt were $381.10 million, exceeding the estimate of $369.63 million, with a +9.8% year-over-year change [3] - Net sales for Concrete were $174.40 million, below the estimate of $186.61 million, representing a -52.2% year-over-year change [3] - Gross profit for Aggregates was $498.50 million, below the estimate of $528.70 million [3] - Gross profit for Asphalt was $60.20 million, below the estimate of $63.98 million [3] Stock Performance - Vulcan's shares have returned +4.9% over the past month, outperforming the Zacks S&P 500 composite's +1.8% change [4] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [4]

Exhibit 99.1 October 30, 2024 FOR IMMEDIATE RELEASE Investor Contact: Mark Warren (205) 298-3220 Media Contact: Jack Bonnikson (205) 298-3220 VULCAN REPORTS THIRD QUARTER 2024 RESULTS Solid Execution Drives Margin Expansion Despite Extreme Weather Disruptions Uniquely Positioned Aggregates Business Supports Earnings Growth Birmingham, Alabama – October 30, 2024 – Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, today announced results for the quarter ended Sept ...

Core Insights - Vulcan Materials Company reported third-quarter results for 2024, highlighting strong execution and margin expansion despite extreme weather disruptions [1] - The company continues to enhance its aggregates business, which supports earnings growth and has seen a consistent increase in cash gross profit per ton for eight consecutive quarters [1][2] Financial Performance - Total revenues for Q3 2024 were $2,004 million, down from $2,186 million in Q3 2023 [1][17] - Gross profit decreased to $565 million from $591 million year-over-year [1][17] - Net earnings attributable to Vulcan were $208 million, compared to $276 million in the prior year [1][17] - Adjusted EBITDA for the quarter was $581 million, slightly down from $602 million in Q3 2023 [1][17] - Adjusted EBITDA margin improved to 29.0% from 27.6% year-over-year [1][17] Segment Results - The aggregates segment gross profit was $498 million, with a gross profit margin expansion of 40 basis points [2] - Shipments in the aggregates segment decreased by 10% due to severe weather conditions [3] - Asphalt segment gross profit was $60 million, with a 12% improvement year-over-year, while concrete segment gross profit was $7 million [5] Cost and Pricing Dynamics - Freight-adjusted sales prices for aggregates increased by 10% compared to the previous year [4] - Cash gross profit per ton for aggregates improved by 10% to $10.89, despite lower shipments [2][4] - Selling, Administrative and General (SAG) expenses decreased to $129 million from $144 million in the prior year [6] Capital Allocation and Growth Strategy - The company announced the acquisition of Wake Stone Corporation, expected to close in Q4 2024, which will enhance its presence in high-growth regions [9] - Capital expenditures for Q3 were $104 million, with a full-year expectation of $625 to $650 million for maintenance and growth projects [8] - The company returned $61 million to shareholders through dividends, marking a 6% increase from the previous year [8] Outlook - The company anticipates full-year Adjusted EBITDA of approximately $2 billion, influenced by weather disruptions and declining shipments [10] - For 2025, Vulcan expects aggregates prices to improve in the high-single digits and cash gross profit per ton to continue expanding at double-digit levels [11]