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Martin Marietta (MLM) Q3 Earnings and Revenues Lag Estimates
ZACKS· 2025-11-04 14:05
Martin Marietta (MLM) came out with quarterly earnings of $5.97 per share, missing the Zacks Consensus Estimate of $6.65 per share. This compares to earnings of $5.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -10.23%. A quarter ago, it was expected that this seller of granite, limestone, sand and gravel would post earnings of $5.32 per share when it actually produced earnings of $5.43, delivering a surprise of +2.07%.Ove ...
Northstar Announces Limestone As Fourth Product Line, Supported by New Patent on Recovery Process
Prnewswire· 2025-09-24 11:00
Core Viewpoint - Northstar Clean Technologies Inc. has successfully separated and recovered limestone from asphalt shingles, establishing a fourth product line and receiving a new patent for this technology, which is expected to remain valid until 2045 [1][3]. Group 1: Product Development - The new limestone recovery process enhances the durability and longevity of asphalt shingles, contributing to the company's existing product lines, which include liquid or pelletized asphalt, aggregate, and fiber/fiberglass [2]. - The introduction of the fourth product line is expected to deliver a high-quality asphalt product, differentiating Northstar in the global marketplace [3]. Group 2: Intellectual Property - The newly issued patent adds protection to Northstar's intellectual property portfolio, reinforcing its first-mover advantage in the asphalt shingle reprocessing industry [3]. - Northstar has previously received a U.S. patent in November 2022 and is actively pursuing additional patent protections in the U.S., Canada, and other international markets [3]. Group 3: Company Overview - Northstar is focused on sustainable recovery and reprocessing of asphalt shingles, aiming to divert waste from landfills and contribute to the circular economy [4]. - The company operates its first commercial scale-up facility in Calgary, Alberta, and plans to reprocess used asphalt shingles into their component parts for reuse and resale [4].
Martin Marietta (MLM) Surpasses Q2 Earnings Estimates
ZACKS· 2025-08-07 13:06
Financial Performance - Martin Marietta reported quarterly earnings of $5.43 per share, exceeding the Zacks Consensus Estimate of $5.32 per share, and showing an increase from $5.26 per share a year ago, representing an earnings surprise of +2.07% [1] - The company posted revenues of $1.81 billion for the quarter ended June 2025, which was below the Zacks Consensus Estimate by 0.33%, but an increase from $1.76 billion year-over-year [2] - Over the last four quarters, Martin Marietta has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - Martin Marietta shares have increased approximately 15.8% since the beginning of the year, outperforming the S&P 500's gain of 7.9% [3] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $6.69 on revenues of $2.05 billion, and for the current fiscal year, it is $18.76 on revenues of $7.04 billion [7] - The outlook for the industry, specifically the Building Products - Concrete and Aggregates sector, is currently in the top 41% of Zacks industries, suggesting a favorable environment for stock performance [8]
Rayonier (RYN) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2025-08-07 00:21
Company Performance - Rayonier reported quarterly earnings of $0.06 per share, exceeding the Zacks Consensus Estimate of $0.03 per share, and up from $0.02 per share a year ago, representing an earnings surprise of +100.00% [1] - The company posted revenues of $106.5 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 14.81%, but down from year-ago revenues of $173.6 million [2] - Over the last four quarters, Rayonier has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Future Outlook - The sustainability of Rayonier's stock price movement will depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - The current consensus EPS estimate for the coming quarter is $0.17 on revenues of $141.93 million, and for the current fiscal year, it is $0.40 on revenues of $469.03 million [7] - The estimate revisions trend for Rayonier was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Building Products - Wood industry, to which Rayonier belongs, is currently in the bottom 9% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Rayonier's stock performance [5]