Investing.com - Vulcan Materials reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Vulcan Materials announced earnings per share of $1.57 on revenue of $1.36B. Analysts polled by Investing.com anticipated EPS of $1.65 on revenue of $1.38B.
Vulcan Materials shares are up 21% from the beginning of the year and are trading at $174.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 17.76% from the start of the year.
Vulcan Materials shares lost 3.79% in pre-market trade the report.
Vulcan Materials follows other major Materials sector earnings this month
Vulcan Materials's report follows an earnings missed by Vale ADR on July 29, who reported EPS of $1.44 on revenue of $16.68B, compared to forecasts EPS of $1.48 on revenue of $16.83B.
Air Liquide ADR had missed expectations on July 29 with second quarter EPS of $0.6251 on revenue of $6.55B, compared to forecast for EPS of $0.6306 on revenue of $6.48B.
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