Mark your calendars for Wednesday 30th October 2024, as Martin Marietta Materials (NYSE: MLM) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
The latest projections from financial analysts on Wall Street suggest that the business is likely to reveal an estimated $6.31 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $1.93 billion for the period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $6.61 billion. Additionally, they expect the company to post profit of $17.83 per share for the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $6.94. This numbers can be credited to the company's total revenue, which amounted to an impressive $1.99 billion during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $5.26 | -6.1% | 1.76 B | -3.1% |
| Q1 2024 | $1.93 | -10.6% | 1.25 B | -7.6% |
| Q4 2023 | $4.63 | +52.3% | 1.61 B | +16.7% |
| Q3 2023 | $6.94 | +48.0% | 1.99 B | +18.6% |
| Q2 2023 | $5.60 | +41.4% | 1.82 B | +19.5% |
| *Growth on year-over-year basis | ||||
MLM will host a conference call with investment community on 30th October 2024 at 10:00 AM eastern time to discuss the financial results.
Martin Marietta Materials (MLM) closed Monday's regular trading session at $578.27, showing a 1.41 percent upturn, with a volume of 430.30 thousand shares.
