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Price
$287.36Last Dividend
$0.46Annual ROE
12.91%Beta
1.03Events Calendar
Next earnings date:
Feb 14, 2025Recent quarterly earnings:
Oct 30, 2024Recent annual earnings:
Feb 16, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Nov 04, 2024Next split:
N/ARecent split:
Mar 11, 1999Analyst ratings
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Vulcan Materials Company (NYSE:VMC) will hold its Q3 2024 Earnings Conference Call on October 30, 2024, at 11:00 AM ET. The call will feature company representatives including Mark Warren, Tom Hill, and Mary Andrews Carlisle, along with various participants from different financial institutions. The operator will begin the call with a greeting.
VMC's results for the third quarter show a decrease in volumes due to bad weather, but there has been a positive change in pricing.
The financial results for Vulcan (VMC) provide an overview of the company's performance for the quarter ending in September 2024. It may be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
Vulcan Materials Company, the biggest producer of construction aggregates in the U.S., reported its results for the quarter that ended on September 30, 2024. Despite facing severe weather challenges, the company achieved margin growth thanks to effective execution. Their aggregates business is in a strong position to support earnings growth.
VMC's performance in the third quarter of 2024 probably faced challenges due to bad weather and rising costs.
BIRMINGHAM, Ala., Oct. 9, 2024 /PRNewswire/ -- Vulcan Materials Company (NYSE: VMC) is set to hold its earnings conference call for the third quarter of 2024 on Wednesday, October 30, 2024, at 10:00 a.m.
In real estate, trophy properties are those that are highly sought after, one-of-a-kind, and cannot be duplicated. Vulcan Materials is considered a trophy company because it has a wide range of quarries where it gathers construction materials that are essential for building. The location of these quarries is very important, as transporting materials can be costly, and Vulcan has sites in areas with growing populations.
VMC has signed an agreement to acquire Wake Stone, which will strengthen its strategy focused on aggregates and help it grow in rapidly developing areas throughout the United States.
On Tuesday, the U.S. construction company Vulcan Materials announced that it intends to use every legal option to protect its interests after Mexico designated land with a company-operated quarry and port in the Riviera Maya as a nature reserve.
Vulcan Materials' stock fell by 4.4% because of decreased revenue and earnings, along with updated forecasts for 2024. Even though the stock has dropped, it is not low enough to warrant an upgrade and should be kept as a 'hold'. The company still has long-term growth potential, but the cost for that potential is considered too high.
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