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Analysts Stay Confident in CRH plc (CRH) Following Earnings
Yahoo Finance· 2026-02-26 01:54
CRH plc (NYSE:CRH) is among the best stocks in each sector in 2026. On February 19, Prieto Luis, an analyst at Kepler Capital, reiterated a Buy rating on CRH plc (NYSE:CRH) and set a price target of GBP 10,500.00. A day earlier, CRH plc (NYSE:CRH) reported its fourth-quarter financial figures, delivering earnings that missed street estimates despite posting record full-year results. With an adjusted EPS of $1.52, the company lagged the $1.54 consensus estimate. Analysts Stay Confident in CRH plc (CRH) Fo ...
Martin Marietta Appoints George F. Schoen as Executive Vice President, General Counsel and Corporate Secretary
Globenewswire· 2026-02-11 21:15
Core Viewpoint - Martin Marietta Materials, Inc. has appointed George F. Schoen as Executive Vice President, General Counsel, and Corporate Secretary to enhance its leadership team and support its long-term strategic plan [1]. Group 1: Appointment Details - George F. Schoen will join Martin Marietta in March 2026 [1]. - Mr. Schoen previously served as Co-Chair of the Global Mergers and Acquisitions Practice at Cravath, Swaine & Moore LLP, recognized as a leading M&A and corporate governance attorney [2]. Group 2: Experience and Recognition - Mr. Schoen has extensive experience in public company mergers and acquisitions, hostile transactions, shareholder activism defense, and strategic board-level counseling [2]. - He has represented companies across various industries, including construction materials, energy, and technology, and has been involved in significant transactions such as Disney's acquisition of 21st Century Fox and Occidental Petroleum's acquisition of Anadarko [3]. - Mr. Schoen has received multiple accolades, including being named "Dealmaker of the Year" by the New York Law Journal in 2022 and recognized as one of "Hollywood's Top 20 Dealmakers" by The Hollywood Reporter in 2018 [3]. Group 3: Company Overview - Martin Marietta is a leading supplier of building materials, including aggregates, cement, ready-mixed concrete, and asphalt, operating across 28 states, Canada, and The Bahamas [5]. - The company is a member of the S&P 500 Index and focuses on providing resources for building solid foundations in communities [5].
Martin Marietta Announces Third-Quarter 2025 Earnings Conference Call
Globenewswire· 2025-10-14 20:15
Core Points - Martin Marietta Materials, Inc. will host its third-quarter 2025 earnings conference call on November 4, 2025, at 10:00 a.m. Eastern Time, with results for the quarter ending September 30, 2025, released that morning before market opens [1] - A live webcast and supplemental information will be available on the company's website, and the conference call can be accessed by phone [2] - Martin Marietta is a leading supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt, operating across 28 states, Canada, and The Bahamas [3]
Invitation to Martin Marietta’s Capital Markets Day on September 3, 2025
Globenewswire· 2025-08-27 20:15
Core Points - Martin Marietta Materials, Inc. will host its Capital Markets Day on September 3, 2025, at 9:00 a.m. Eastern Time [1] - The event will feature discussions on the company's long-term value creation strategies through the SOAR 2030 plan, led by CEO Ward Nye and the leadership team [2] - A live video webcast will be available for the event, with a replay and presentation slides accessible on the company's website afterward [3] Company Overview - Martin Marietta is a leading supplier of building materials, including aggregates, cement, ready-mixed concrete, and asphalt, and is a member of the S&P 500 Index [4] - The company operates across 28 states, Canada, and The Bahamas, providing essential resources for community infrastructure [4] - Martin Marietta's Magnesia Specialties division produces high-purity magnesia and dolomitic lime products for various applications globally [4]
Martin Marietta Increases Quarterly Cash Dividend
Globenewswire· 2025-08-14 20:05
Core Points - Martin Marietta Materials, Inc. announced an increase in its quarterly cash dividend from $0.79 to $0.83 per share, resulting in an annualized cash dividend of $3.32 per share, payable on September 30, 2025 [1] - This marks the tenth consecutive annual dividend increase for the company, highlighting its disciplined capital allocation and commitment to shareholder value [2] - The company emphasizes its aggregates-led business model, operational excellence, and strong financial position, which contribute to its free cash flow generation [2] Company Overview - Martin Marietta is a leading supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt, operating across 28 states, Canada, and The Bahamas [2] - The company also has a Magnesia Specialties business that provides high-purity magnesia and dolomitic lime products for various applications worldwide [2]
Martin Marietta and Quikrete to Exchange Certain Cement and Concrete Assets for Aggregates Assets; Company Also Completes Acquisition of Premier Magnesia, LLC; Previews Second Quarter 2025 Earnings and Raises Full-Year Guidance
Globenewswire· 2025-08-04 12:30
Core Insights - Martin Marietta Materials, Inc. has entered into a definitive agreement with Quikrete Holdings, Inc. for an asset exchange, which includes receiving aggregates operations producing approximately 20 million tons annually and $450 million in cash, while exchanging its Midlothian cement plant and related assets [1] - The acquisition of Premier Magnesia, LLC enhances Martin Marietta's position as a leading producer of magnesia-based products in the U.S. [2] - These transactions are aimed at optimizing the company's portfolio, leading to a higher margin enterprise that is more resilient through economic cycles [3] Transaction Details - The asset exchange with Quikrete is expected to close in the first quarter of 2026, pending regulatory approvals [1] - The Premier acquisition was completed on July 25, 2025, and includes operations in Nevada, North Carolina, Indiana, and Pennsylvania [2] Strategic Goals - The company aims to improve its portfolio attractiveness through asset purchases, exchanges, and divestitures, aligning with its Strategic Operating Analysis and Review (SOAR) 2025 plan [4] - The focus is on core aggregates assets and pursuing accretive acquisitions for the Magnesia Specialties business to position the company for long-term earnings growth [4] Financial Performance - For the second quarter of 2025, the company expects revenues of $1.81 billion, net earnings of $328 million, and adjusted EBITDA of $630 million [5] - The full-year 2025 adjusted EBITDA guidance has been raised to $2.30 billion at the midpoint, reflecting strong first-half results and contributions from the Premier acquisition [5]
Martin Marietta Announces Second-Quarter 2025 Earnings Conference Call
Globenewswire· 2025-07-24 14:43
Core Viewpoint - Martin Marietta Materials, Inc. will host its second-quarter 2025 earnings conference call on August 7, 2025, at 10:00 a.m. Eastern Time, with results for the quarter ending June 30, 2025, to be released that morning before market opens [1]. Group 1 - The conference call will be accessible via a live, listen-only webcast on the Company's website and by dialing a specific phone number with a conference ID [2]. - An on-demand replay of the conference call will be available on the Company's website approximately two hours after the live broadcast and will remain accessible for one year [2]. Group 2 - Martin Marietta is a leading supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt, operating across 28 states, Canada, and The Bahamas [3]. - The Company’s Magnesia Specialties business produces high-purity magnesia and dolomitic lime products for various applications worldwide [3].
Martin Marietta to Host Capital Markets Day on September 3, 2025
Globenewswire· 2025-07-17 13:31
Core Viewpoint - Martin Marietta Materials, Inc. will host a Capital Markets Day on September 3, 2025, to discuss long-term strategic opportunities and the SOAR 2030 plan for value creation [1][2] Company Overview - Martin Marietta is a leading supplier of aggregates and heavy building materials, including cement, ready mixed concrete, and asphalt, operating across 28 states, Canada, and The Bahamas [3] - The company is a member of the S&P 500 Index and has a Magnesia Specialties business that produces high-purity magnesia and dolomitic lime products for various applications [3]
Martin Marietta Appoints Michael J. Petro as Chief Financial Officer
Globenewswire· 2025-07-08 11:30
Core Viewpoint - Martin Marietta Materials, Inc. has appointed Michael J. Petro as Senior Vice President and Chief Financial Officer, effective immediately, succeeding Robert J. Cardin who served as interim CFO since April 2025 [1][3] Group 1: Leadership Transition - Michael J. Petro has been with Martin Marietta since 2015, previously serving as Senior Vice President of Strategy and Development, and has extensive financial leadership experience [2][4] - Robert J. Cardin will continue as Senior Vice President, Controller, and Chief Accounting Officer after his interim role [1][3] Group 2: Contributions and Experience - Mr. Petro has played a significant role in the company's strategic growth initiatives, including successful acquisitions that expanded Martin Marietta's geographic footprint and improved its product mix [2] - His previous experience includes roles in investment banking and consulting, providing him with a strong foundation in capital markets and financial analysis [2][4] Group 3: Company Overview - Martin Marietta is a leading supplier of building materials, including aggregates, cement, ready-mixed concrete, and asphalt, operating across 28 states, Canada, and The Bahamas [5] - The company is a member of the S&P 500 Index and has a Magnesia Specialties business that produces high-purity magnesia and dolomitic lime products for various applications [5]