Vulcan Materials (NYSE: VMC) reported Q4 EPS of $0.31, $0.04 better than the analyst estimate of $0.27. Revenue for the quarter came in at $755 million versus the consensus estimate of $695.85 million.

Outlook

Regarding the Company's outlook for 2015, Mr. Hill stated, "Vulcan-served markets continue to show favorable above-average growth, with Vulcan markets growing faster than U.S. markets as a whole. Although aggregates demand remains well below normal levels, this steady and gradual improvement is a further indication of construction activity recovery. We continue to convert higher volumes into higher unit margins and are very well positioned for significant future earnings growth."

Based on these market trends, the Company expects to generate Adjusted EBITDA of $775 to $825 million in 2015.

The following assumptions, which represent the mid-point of current management expectations, support the Company's outlook for strong year-over-year growth in EBITDA. The Company intends to update these expectations on a quarterly basis, as necessary.

• Full year aggregates shipments of approximately 180 million tons, up 11 percent from the prior year. Same-store volumes are expected to increase 8 percent, or 13 million tons.
• Full year increase in average freight-adjusted aggregates pricing of 6 percent, with unit margins continuing to grow faster than pricing.
• Aggregates segment gross profit to be approximately $735 million, compared to $544 million in 2014.
• Non-aggregates gross profit to be $70 million, compared to $44 million in 2014.
• Selling, administrative and general (SAG) expenses of approximately $265 million, excluding business development-related expenses.
• Capital spending of approximately $250 million to support the increased level of shipments and further improve production costs and operating efficiencies.
• Interest expense of $160 million.
• Depreciation, depletion, accretion and amortization expense of approximately $270 million.

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