We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Martin Marietta (MLM) Surpasses Q4 Earnings Estimates
Read MoreHide Full Article
Martin Marietta Materials, Inc. (MLM - Free Report) produces and supplies construction aggregates and other heavy building materials, mainly cement, in the United States.
Investors should also that earnings estimate moved north for MLM for 2018 over the past two months. However, the company missed estimates in three of the past four quarters, with an average negative surprise of 2.01%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: MLM beat on earnings. The Zacks Consensus Estimate called for EPS of $1.42 per share, and the company reported earnings of $1.88 per share instead.
Revenues: MLM’s reported total revenues (including freight and delivery) of $970.5 million increased 2.3% year over year.
Key Stats to Note: Aggregates product line shipment decreased 0.9% on a year over year basis.
Check back later for our full write up on this MLM earnings report later.
Martin Marietta Materials, Inc. Price and EPS Surprise
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
Martin Marietta (MLM) Surpasses Q4 Earnings Estimates
Martin Marietta Materials, Inc. (MLM - Free Report) produces and supplies construction aggregates and other heavy building materials, mainly cement, in the United States.
Investors should also that earnings estimate moved north for MLM for 2018 over the past two months. However, the company missed estimates in three of the past four quarters, with an average negative surprise of 2.01%.
Currently, MLM has a Zacks Rank #3 (Hold), but that could definitely change following Martin Marietta’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: MLM beat on earnings. The Zacks Consensus Estimate called for EPS of $1.42 per share, and the company reported earnings of $1.88 per share instead.
Revenues: MLM’s reported total revenues (including freight and delivery) of $970.5 million increased 2.3% year over year.
Key Stats to Note: Aggregates product line shipment decreased 0.9% on a year over year basis.
Check back later for our full write up on this MLM earnings report later.
Martin Marietta Materials, Inc. Price and EPS Surprise
Martin Marietta Materials, Inc. Price and EPS Surprise | Martin Marietta Materials, Inc. Quote
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>