Martin Marietta (MLM) Lags Q1 Earnings Estimates

Core Insights - Martin Marietta reported quarterly earnings of $1.90 per share, missing the Zacks Consensus Estimate of $1.94 per share, and showing a slight decrease from $1.93 per share a year ago, resulting in an earnings surprise of -2.06% [1] - The company posted revenues of $1.35 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.21% and increasing from $1.25 billion year-over-year [2] - The stock has lost about 2.3% since the beginning of the year, while the S&P 500 has declined by 5.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $5.42 on revenues of $1.91 billion, and for the current fiscal year, it is $18.70 on revenues of $7.08 billion [7] - The estimate revisions trend for Martin Marietta is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Building Products - Concrete and Aggregates industry is currently in the bottom 16% of over 250 Zacks industries, suggesting potential challenges for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [5]