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Vulcan Materials (VMC) Misses on Q4 Earnings & Revenues
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Vulcan Materials Company (VMC - Free Report) is the largest producer of construction aggregates in the U.S.
Investors should note that earnings estimate for VMC has remained stable in the last 30 days. The building materials company has posted two positive earnings surprise in the past four quarters, with a positive average surprise of 83.9%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: VMC misses on earnings. Our consensus earnings estimate called for EPS of 83 cents, and the company reported adjusted earnings of 80 cents instead. Investors should note that these figures take out stock option expenses.
Revenues: VMC reported revenues of $873 million. This missed our consensus estimate of $914.58 million.
Key Stats to Note: Aggregate shipment decreased 3.5% in the quarter.
Share Price Impact: Shares were down 3.2% in pre-market trading at the time of writing.
Check back later for our full write up on this VMC earnings report later!
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Vulcan Materials (VMC) Misses on Q4 Earnings & Revenues
Vulcan Materials Company (VMC - Free Report) is the largest producer of construction aggregates in the U.S.
Investors should note that earnings estimate for VMC has remained stable in the last 30 days. The building materials company has posted two positive earnings surprise in the past four quarters, with a positive average surprise of 83.9%.
Currently, VMC has a Zacks Rank #4 (Sell), but that could definitely change following Vulcan’ 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: VMC misses on earnings. Our consensus earnings estimate called for EPS of 83 cents, and the company reported adjusted earnings of 80 cents instead. Investors should note that these figures take out stock option expenses.
Revenues: VMC reported revenues of $873 million. This missed our consensus estimate of $914.58 million.
Key Stats to Note: Aggregate shipment decreased 3.5% in the quarter.
Share Price Impact: Shares were down 3.2% in pre-market trading at the time of writing.
Vulcan Materials Company Price and EPS Surprise
Vulcan Materials Company Price and EPS Surprise | Vulcan Materials Company Quote
Check back later for our full write up on this VMC earnings report later!
Just Released – Driverless Cars: Your Roadmap to Mega-Profits Today
In this latest Special Report, Zacks’ Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making – autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>