Earnings Preview: Martin Marietta (MLM) Q4 Earnings Expected to Decline

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Martin Marietta due to lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Martin Marietta is expected to report quarterly earnings of $4.65 per share, reflecting a year-over-year decrease of 2.9%, and revenues are projected to be $1.55 billion, down 4.7% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 2.62% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Martin Marietta is lower than the consensus estimate, resulting in an Earnings ESP of -0.54%, suggesting bearish sentiment among analysts [12]. Historical Performance - In the last reported quarter, Martin Marietta was expected to post earnings of $6.65 per share but delivered only $5.97, resulting in a surprise of -10.23%. Over the last four quarters, the company has beaten consensus EPS estimates twice [13][14]. Investment Considerations - While the company does not appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [17].