Vulcan Materials (VMC) Tops Q2 EPS by 3c

Vulcan Materials (NYSE: VMC) reported Q2 EPS of $0.66, $0.03 better than the analyst estimate of $0.63. Revenue for the quarter came in at $895 million versus the consensus estimate of $883.79 million.

Tom Hill, President and Chief Executive Officer, said, "The continuing recovery in construction activity across most of our markets was masked by extremely wet weather, particularly in April and May. Despite deferred shipments and operating cost challenges due to these weather conditions, our local teams delivered another quarter of significant margin improvements – a pattern of performance sustained since the gradual recovery in shipments began eight quarters ago. Customer confidence and the overall demand outlook continue to improve, and, as expected, pricing momentum continues to strengthen. Looking forward, we remain well positioned to serve our customers and to achieve strong earnings growth in 2015 and beyond."

For earnings history and earnings-related data on Vulcan Materials (VMC) click here.

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