Profile
Sector:
Basic MaterialsIndustry:
Building MaterialsCountry:
United StatesIPO:
02 January 1957Website:
http://www.vulcanmaterials.comNext earnings report:
N/ALast dividends:
15 August 2024Next dividends:
04 November 2024Price
after hours | Fri, 01 Nov 2024 21:29:10 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
VMC Latest News
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.
What type of business is Vulcan Materials?
Vulcan Materials Company is an American manufacturer and supplier of construction materials. The company was founded in 1909, with headquarters located in Birmingham, Alabama. Vulcan Materials operates in four segments: Aggregates - within this segment, the company provides crushed stone, sand, gravel, and other aggregates, as well as related products and services used in the construction and maintenance of roads, sidewalks, as well as in the construction of residential, commercial, industrial, and other non-residential structures. Asphalt - production and sale of asphalt pavement mix. Concrete - within this segment, the company manufactures and supplies ready-mix concrete. Calcium - Vulcan Materials also mines, produces, and sells calcium products for animal feed production, plastics, and water treatment using high-quality calcium carbonate.
What sector is Vulcan Materials in?
Vulcan Materials is in the Basic Materials sector
What industry is Vulcan Materials in?
Vulcan Materials is in the Building Materials industry
What country is Vulcan Materials from?
Vulcan Materials is headquartered in United States
When did Vulcan Materials go public?
Vulcan Materials initial public offering (IPO) was on 02 January 1957
What is Vulcan Materials website?
https://www.vulcanmaterials.com
Is Vulcan Materials in the S&P 500?
Yes, Vulcan Materials is included in the S&P 500 index
Is Vulcan Materials in the NASDAQ 100?
No, Vulcan Materials is not included in the NASDAQ 100 index
Is Vulcan Materials in the Dow Jones?
No, Vulcan Materials is not included in the Dow Jones index
When was Vulcan Materials the previous earnings report?
No data
When does Vulcan Materials earnings report?
Next earnings report date is not announced yet