Reports Q1 revenue $1.64B, consensus $1.65B. Tom Hill, Vulcan Materials (VMC)’ chairman and CEO, said, “The combination of our aggregates-led business and our consistent focus on our Vulcan Way of Selling and Vulcan Way of Operating disciplines resulted in strong earnings growth and margin expansion in the first quarter. Adjusted EBITDA increased 27 percent, and Adjusted EBITDA margin expanded 420 basis points over the prior year. Aggregates cash gross profit per ton improved 20 percent with widespread improvements across our footprint. Our commercial and operational execution support our full-year outlook to deliver another year of earnings growth in 2025.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VMC:
- VMC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Vulcan Materials price target lowered to $275 from $315 at Argus
- Vulcan Materials price target lowered to $275 from $288 at BofA
- Vulcan Materials price target lowered to $273 from $300 at Morgan Stanley
- Vulcan Materials upgraded to Outperform at Wolfe following pullback
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue