Investing.com - Vulcan Materials reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Vulcan Materials announced earnings per share of $1.6 on revenue of $1.32B. Analysts polled by Investing.com anticipated EPS of $1.38 on revenue of $1.3B.
Vulcan Materials shares are down 18% from the beginning of the year and are trading at $120.47 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.98% from the start of the year.
Vulcan Materials shares gained 2.50% in pre-market trade the report.
Vulcan Materials follows other major Capital Goods sector earnings this month
Vulcan Materials's report follows an earnings missed by ASML ADR on July 15, who reported EPS of $2.04 on revenue of $3.8B, compared to forecasts EPS of $2.25 on revenue of $3.8B.
Lockheed Martin had beat expectations on July 21 with second quarter EPS of $5.79 on revenue of $16.22B, compared to forecast for EPS of $5.72 on revenue of $15.23B.
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