30.04.2024 13:34:47 - dpa-AFX: Martin Marietta Materials, Inc. Bottom Line Rises In Q1, Beats estimates

WASHINGTON (dpa-AFX) - Martin Marietta Materials, Inc. (MLM) revealed a
profit for its first quarter that increased from last year and beat the Street
estimates.

The company's earnings came in at $1.045 billion, or $16.87 per share. This
compares with $121 million, or $1.95 per share, in last year's first quarter.

Analysts on average had expected the company to earn $1.83 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 7.6% to $1.251 billion from $1.354
billion last year.

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

-Earnings (Q1): $1.045 Bln. vs. $121 Mln. last year.
-EPS (Q1): $16.87 vs. $1.95 last year.
-Revenue (Q1): $1.251 Bln vs. $1.354 Bln last year.

-Guidance:
Full year revenue guidance: $6.900 to $7.300Bln


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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 511,200 06.06.24 08:04:48 +0,400 +0,08% 512,400 514,800 511,200 510,800

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