Stay Ahead of the Game With Martin Marietta (MLM) Q4 Earnings: Wall Street's Insights on Key Metrics

Core Insights - Martin Marietta (MLM) is expected to report quarterly earnings of $4.68 per share, reflecting a decline of 2.3% year over year, with revenues projected at $1.55 billion, down 4.7% from the previous year [1] Earnings Projections - The consensus EPS estimate has been revised upward by 2.6% in the last 30 days, indicating analysts' reassessment of their initial estimates [2] - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3] Revenue Estimates - Analysts predict 'Total Revenues - Building Materials - Aggregates' to reach $1.26 billion, representing a 10.5% increase from the prior-year quarter [5] - The estimate for 'Total Revenues - Total Building Materials' is $1.44 billion, indicating a decline of 7.3% year over year [5] Shipment and Pricing Metrics - The average prediction for 'Total Shipments - Aggregates tons' is 49,307 thousand tons, compared to 47,900 thousand tons from the previous year [6] - The forecast for 'Average unit sales price by product line - Aggregates (per ton)' is $24, up from $22 per ton in the same quarter last year [6] Profit Estimates - Analysts estimate 'Gross profit (loss) - Building Materials - Aggregates' to be $461.01 million, compared to $379.00 million a year ago [7] - The estimated 'Gross profit (loss) - Total Building Materials' is $481.17 million, slightly up from $472.00 million in the previous year [7] Stock Performance - Martin Marietta shares have increased by 5.2% over the past month, contrasting with a -1.5% change in the Zacks S&P 500 composite [7] - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [7]