Vulcan (VMC) Q1 Earnings Beat, Adjusted EBITDA Margin Up

Published on 3 May 2024 on Zacks via Yahoo Finance

Vulcan (VMC) Q1 Earnings Beat, Adjusted EBITDA Margin Up

Vulcan Materials Company VMC reported better-than-expected results for the first quarter of 2024, wherein earnings and revenues surpassed their respective Zacks Consensus Estimate. On a year-over-year basis, both metrics decreased year over year due to lower Aggregate shipments.Shares of the company gained 0.7% in the pre-market trading session on May 2, after the earnings release.

Inside the Headlines

Adjusted earnings of 80 cents per share beat the consensus mark of 76 cents by 5.3% but decreased 15.8% from the year-ago level of 95 cents.

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Vulcan (VMC) Q1 Earnings Beat, Adjusted EBITDA Margin Up

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