16.02.2024 13:28:31 - dpa-AFX: Vulcan Materials Co. Q4 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - Vulcan Materials Co. (VMC) revealed a profit for its
fourth quarter that increased from the same period last year and beat the
Street estimates.
The company's bottom line came in at $227.5 million, or $1.70 per share. This
compares with $119.4 million, or $0.89 per share, in last year's fourth quarter.
Excluding items, Vulcan Materials Co. reported adjusted earnings of $1.46 per
share for the period.
Analysts on average had expected the company to earn $1.39 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 5.8% to $1.83 billion from $1.73
billion last year.
Vulcan Materials Co. earnings at a glance (GAAP) :
-Earnings (Q4): $227.5 Mln. vs. $119.4 Mln. last year.
-EPS (Q4): $1.70 vs. $0.89 last year.
-Analyst Estimate: $1.39
-Revenue (Q4): $1.83 Bln vs. $1.73 Bln last year.
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