Martin Marietta Materials(MLM) ZACKS· ZACKS·2025-02-10 15:12Core Viewpoint - Martin Marietta Materials, Inc. is expected to report its fourth-quarter 2024 results on February 12, with mixed expectations for earnings and revenues based on recent performance and market conditions [1][2]. Financial Performance - In the last reported quarter, the company's earnings and revenues missed the Zacks Consensus Estimate by 7.8% and 1.7%, respectively, with year-over-year declines of 15% in earnings and 5.3% in revenues [2]. - The Zacks Consensus Estimate for fourth-quarter earnings is 4.65 in the past 30 days, indicating a 0.7% decline from the previous year's figure of 1.65 billion, reflecting a 2.8% increase from the prior year's 22.24 per ton, marking a 10% year-over-year growth, with aggregates revenues expected to increase to 1.02 billion a year ago [6]. Segment Performance - The Building Material segment, which comprised 95.7% of total revenues in Q3 2024, is expected to see a 4.3% year-over-year revenue increase to 470.8 million compared to 79.2 million, with gross profit projected at 23 million reported a year ago [8]. Challenges - Adverse weather conditions, including severe storms and hurricanes, have negatively impacted aggregates volumes, particularly in the East Division, and may have affected construction activity [9]. - Cement revenues are expected to decline 32.5% year-over-year to 191.88 per ton [10]. - Elevated operating costs, including higher inflation, transportation, insurance, and labor costs, are likely to pressure the bottom line in the fourth quarter [11]. Earnings Prediction - The current model does not predict an earnings beat for Martin Marietta, with an Earnings ESP of -1.90% and a Zacks Rank of 4 (Sell) [12][13].