Vulcan Materials Reports Strong Q4 Earnings, Exceeding Expectations
BIRMINGHAM, Ala. - Vulcan Materials Co. (VMC) announced its fourth-quarter earnings on Tuesday, surpassing Wall Street expectations.
Key Financial Metrics:
* Net income: $293.8 million ($2.21 per share)
* Adjusted diluted EPS: $2.17
* Revenue: $1.85 billion
Analyst Estimates Beaten:
Analysts surveyed by Zacks Investment Research had forecast earnings of $1.76 per share and revenue of $1.83 billion. Vulcan's results exceeded both estimates.
Full-Year Results:
For the fiscal year, Vulcan reported a net income of $911.9 million ($6.85 per share) and revenue of $7.42 billion.
Analyst Coverage:
Access a comprehensive Zacks stock report on VMC at https://www.zacks.com/ap/VMC to gain insights into the company's financial performance, industry trends, and future prospects.