Vulcan Materials (NYSE: VMC) reported Q1 EPS of $0.44, $0.21 better than the analyst estimate of $0.23. Revenue for the quarter came in at $854.47 million versus the consensus estimate of $815.75 million.

First Quarter Summary (compared with prior year\'s first quarter)

• Total revenues increased $67 million, or 9 percent, to $854 million
• Gross profit was $159 million versus $158 million in the prior year
• Aggregates segment sales increased $49 million to $700 million and freight-adjusted revenues increased $33 million, or 7 percent, to $529 million
  • Shipments increased 2.3 million tons, or 6 percent, to 40.5 million tons
  • Freight-adjusted sales price increased 1 percent to $13.06 per ton
  • Segment gross profit increased $9 million, or 7 percent, to $148 million
• Asphalt, Concrete and Calcium segment gross profit decreased $8 million, collectively
• SAG was $78 million, $4 million lower than the prior year
• Net earnings were $53 million versus $45 million in the prior year
• Adjusted EBIT was $86 million versus $78 million in the prior year
• Adjusted EBITDA was $168 million, an increase of $19 million, or 12 percent
• Earnings from continuing operations were $0.40 per diluted share versus $0.32 per diluted share
• Adjusted earnings from continuing operations were $0.44 per diluted share versus $0.34 per diluted share (see appendix 3 for reconciliation)

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