27.07.2023 13:27:48 - dpa-AFX: Martin Marietta Materials, Inc. Bottom Line Retreats In Q2, but beats estimates

WASHINGTON (dpa-AFX) - Martin Marietta Materials, Inc. (MLM) announced a
profit for second quarter that decreased from the same period last year but
beat the Street estimates.

The company's bottom line totaled $348.3 million, or $5.61 per share. This
compares with $366.5 million, or $5.86 per share, in last year's second quarter.

Analysts on average had expected the company to earn $4.85 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 10.9% to $1.820 billion from $1.641
billion last year.

Martin Marietta Materials, Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $348.3 Mln. vs. $366.5 Mln. last year.
-EPS (Q2): $5.61 vs. $5.86 last year.
-Analyst Estimates: $4.85
-Revenue (Q2): $1.820 Bln vs. $1.641 Bln last year.

-Guidance:
Full year revenue guidance: $6.725- $6.860 Bln


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MARTIN MAR. MAT. DL-,01 889585 Frankfurt 524,200 31.05.24 15:02:46 +8,200 +1,59% 0,000 0,000 522,400 524,200

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