Vulcan Materials (NYSE: VMC) reported Q4 EPS of $0.74, in-line with the analyst estimate of $0.74. Revenue for the quarter came in at $977 million versus the consensus estimate of $932.14 million.

"In total, we expect 2018 net earnings of between $4.00 and $4.65 per diluted share and Adjusted EBITDA of between $1.150 and $1.250 billion."

Fourth Quarter Summary (compared with prior year\'s fourth quarter)

• Total revenues increased $105 million, or 12 percent, to $977 million
• Gross profit was $243 million versus $240 million in the prior year
• Aggregates segment sales increased $56 million to $770 million and freight-adjusted revenues increased $45 million, or 8 percent, to $596 million
• Shipments increased 2.9 million tons, or 7 percent, to 46.0 million tons
• Freight-adjusted sales price increased $0.16 per ton, or 1 percent
• Segment gross profit was $208 million, in line with the prior year
• Asphalt, Concrete and Calcium segment gross profit improved $5 million, collectively
• SAG was $86 million, improved 35 basis points as a percentage of total revenues
• Net earnings were $328 million versus $113 million in the prior year
• Adjusted EBIT was $155 million versus $159 million in the prior year
• Adjusted EBITDA was $233 million, an increase of $3 million, or 1 percent
• Earnings from continuing operations were $2.43 per diluted share versus $0.80 per diluted share. Current year results include costs associated with the early retirement of debt and a net tax benefit from enacted U.S. tax legislation.
• Adjusted earnings from continuing operations were $0.74 per diluted share versus $0.69 per diluted share

GUIDANCE:

Vulcan Materials sees FY2018 EPS of $4.00-$4.65, versus the consensus of $4.34.

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