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Martin Marietta (MLM) Q3 Earnings Lag, Revenues Surpass
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Martin Marietta Materials, Inc. (MLM - Free Report) produces and supplies construction aggregates and other heavy building materials, mainly cement, in the U.S.
Investors should also that earnings estimate moved south for MLM for the current year over the past two months. Also, the company missed estimates in three of the past four quarters, with an average negative surprise of 2.43%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: MLM missed on earnings. The Zacks Consensus Estimate called for EPS of $2.49 per share, and the company reported earnings of $2.39 per share instead.
Martin Marietta Materials, Inc. Price and EPS Surprise
Revenues: MLM reported total revenues (including freight and delivery) of $1.09 billion surpassed the consensus estimate of $1.06 billion.
Key Stats to Note: Aggregates product line shipment decreased 3.2% on a year over year basis.
Check back later for our full write up on this MLM earnings report later.
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Martin Marietta (MLM) Q3 Earnings Lag, Revenues Surpass
Martin Marietta Materials, Inc. (MLM - Free Report) produces and supplies construction aggregates and other heavy building materials, mainly cement, in the U.S.
Investors should also that earnings estimate moved south for MLM for the current year over the past two months. Also, the company missed estimates in three of the past four quarters, with an average negative surprise of 2.43%.
Currently, MLM has a Zacks Rank #5 (Strong Sell), 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 missed on earnings. The Zacks Consensus Estimate called for EPS of $2.49 per share, and the company reported earnings of $2.39 per share instead.
Martin Marietta Materials, Inc. Price and EPS Surprise
Martin Marietta Materials, Inc. Price and EPS Surprise | Martin Marietta Materials, Inc. Quote
Revenues: MLM reported total revenues (including freight and delivery) of $1.09 billion surpassed the consensus estimate of $1.06 billion.
Key Stats to Note: Aggregates product line shipment decreased 3.2% on a year over year basis.
Check back later for our full write up on this MLM earnings report later.
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
Click here for Zacks' private trades >>