What to Expect From Vulcan Materials’ Next Quarterly Earnings Report

Company Overview - Vulcan Materials Company (VMC) has a market capitalization of $39.9 billion and is a leading producer and supplier of construction aggregates in the United States, operating through Aggregates, Asphalt, and Concrete segments [1] Earnings Expectations - Analysts anticipate VMC to report Q4 earnings of $2.11 per share on a diluted basis, reflecting a decrease of 2.8% from $2.17 per share in the same quarter last year [2] - For FY2025, VMC is expected to report an EPS of $8.40, which is an increase of 11.6% from $7.53 in fiscal 2024, and a further rise of 15.6% year over year to $9.71 in fiscal 2026 [3] Stock Performance - VMC stock has increased by 12.5% over the past year, which is lower than the S&P 500 Index's gain of 16.3% but matches the Materials Select Sector SPDR Fund's surge of 12.5% during the same period [4] Recent Financial Results - In the third quarter, VMC reported revenues of $2.29 billion, marking a year-over-year increase of 14.4%, with adjusted EBITDA rising by 26.5% to approximately $735 million [5] - Aggregates shipments increased by around 12% to 64.7 million tons, driven by strong demand from public infrastructure projects, alongside improved pricing and reduced unit cash costs [5] - Management reaffirmed full-year guidance, projecting adjusted EBITDA between $2.35 billion and $2.45 billion [5] Analyst Ratings - The consensus opinion on VMC stock is moderately bullish, with a "Moderate Buy" rating overall; out of 22 analysts, 14 recommend a "Strong Buy," one suggests a "Moderate Buy," and seven give a "Hold" rating [6] - The average analyst price target for VMC is $328.01, indicating a potential upside of 8.7% from current levels [6]