Vulcan Materials Earnings: Everything You Must Know Now

Vulcan Materials Company (NYSE:VMC) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Vulcan Materials Company Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 78.57% to $0.03 in the quarter versus EPS of $-0.19 in the year-earlier quarter.

Revenue: Decreased 1.08% to $608 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Vulcan Materials Company reported adjusted EPS income of $0.03 per share. By that measure, the company beat the mean analyst estimate of $-0.1. It missed the average revenue estimate of $620.58 million.

Quoting Management: Don James, Chairman and Chief Executive Officer, said, “Our full year results demonstrate our employees’ efforts in managing those aspects of the business that are under their control. Despite slightly weaker aggregates shipments, we achieved a 17 percent increase in Adjusted EBITDA, reflecting aggressive actions to reduce costs and to take advantage of pricing opportunities across the markets we serve.”

Key Stats (on next page)…

Revenue decreased 16.58% from $728.86 million in the previous quarter. EPS decreased 78.57% from $0.14 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a loss of $0.36 to a loss $0.35. For the current year, the average estimate has moved up from a loss of $0.45 to a loss of $0.42 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)