Vulcan 500 Vulcan 750 Vulcan 800 Vulcan 800 Classic Vulcan 800 Drifter Vulcan 900 Vulcan 900 Classic Vulcan 1500 Vulcan 1500 Classic Vulcan 1500 Drifter Vulcan 1500 Nomad Vulcan 1500 Mean Streak Vulcan 1600 Classic Vulcan 1600 Nomad Vulcan 1600 Mean Streak Vulcan 1700 Classic Vulcan 1700 Classis LT Vulcan 1700 Nomad Vulcan 1700 Voyager Vulcan 2000 Vulcan 2000 Classic Vulcan 2000 Classic LT.
It has been about a month since the last earnings report for Vulcan Materials (VMC).
Shares have added about 6.7% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Vulcan due for a pullback?
Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
Vulcan Materials’ Q3 Earnings & Revenues Beat Estimates Vulcan Materials Company reported third-quarter 2018 results, wherein earnings and revenues topped the Zacks Consensus Estimate and also improved year over year, given above-average increase in demand in the markets served by the company.
The nation's largest producer of construction aggregates reported adjusted earnings of $1.40 per share in the third quarter, surpassing the consensus mark of $1.36.
The bottom line also increased about 34.6% on a year-over-year basis.
Moreover, total revenues of $1.24 billion outpaced the consensus mark of $1.22 billion.
The top line also increased 13% from the prior-year quarter.
Segments in Detail Aggregates Revenues increased 14.6% year over year to $983.7 million.
Freight-adjusted revenues rose 21.9% from a year ago to $221 million in the quarter.