Vulcan Materials Company Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Vulcan Materials Company (NYSE:VMC) will unveil its latest earnings on Wednesday, February 15, 2012. Vulcan Materials is a producer of mainly crushed stone, sand and gravel, asphalt mix, concrete and cement.

Vulcan Materials Company Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 37 cents per share, a wider loss from the year-earlier quarter net loss of 36 cents. During the past three months, the average estimate has moved down from a loss of 31 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of 33 cents during the last month.

Past Earnings Performance: Last quarter, the company fell short of estimates by 13 cents, coming in at net loss of 13 cents per share against a mean estimate of profit of 7 cents. The company topped expectations in the second quarter.

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Wall St. Revenue Expectations: On average, analysts predict $605.4 million in revenue this quarter, a rise of 3.3% from the year-ago quarter. Analysts are forecasting total revenue of $2.53 billion for the year, a decline of 1.2% from last year’s revenue of $2.56 billion.

Analyst Ratings: Analysts seem relatively indifferent about Vulcan Materials Company with 12 of 14 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit rose 50.7% to $20 million (15 cents a share) from $13.2 million (10 cents a share) the year earlier, but fell short analyst expectations. Revenue rose 2.4% to $760.8 million from $743.2 million.

Key Stats:

A year-over-year revenue increase in the third quarter interrupted a streak of three consecutive quarters of revenue declines. Revenue fell 4.6% in the second quarter, 1.2% in the first quarter and 0.7% in the fourth quarter of the last fiscal year.

Vulcan Materials Company reported a profit last quarter, ending a three-quarter streak of losses. The company reported a loss of $8.1 million in the second quarter, a loss of $54.7 million in the first and a loss of $47 million in the fourth quarter of the last fiscal year.

Stock Price Performance: Between November 11, 2011 and February 9, 2012, the stock price rose $16.90 (55.4%), from $30.50 to $47.40. The stock price saw one of its best stretches over the last year between January 6, 2012 and January 20, 2012, when shares rose for 10 straight days, increasing 8.7% (+$3.43) over that span. It saw one of its worst periods between April 6, 2011 and April 14, 2011 when shares fell for seven straight days, dropping 5.8% (-$2.64) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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