Investing.com - Vulcan Materials reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Vulcan Materials announced earnings per share of $0.47 on revenue of $1.05B. Analysts polled by Investing.com anticipated EPS of $0.44 on revenue of $1.01B. That with comparison to EPS of $0.46 on revenue of $996.51M in the same period a year before.Vulcan Materials had reported EPS of $1.08 on revenue of $1.19B in the previous quarter.Analysts are expecting EPS of $1.34 and revenue of $1.27B in the upcoming quarter.
Vulcan Materials shares are down 24% from the beginning of the year and are trading at $108.04 , down-from-52-week-high.They are under-performing the S&P 500 which is down 11.6% year to date.
Vulcan Materials follows other major Capital Goods sector earnings this month
Vulcan Materials's report follows an earnings missed by ASML ADR on April 15, who reported EPS of $0.93 on revenue of $2.44B, compared to forecasts EPS of $1.47 on revenue of $3.17B.
Lockheed Martin had beat expectations on April 21 with first quarter EPS of $6.08 on revenue of $15.65B, compared to forecast for EPS of $5.81 on revenue of $15.08B.
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