Martin Marietta Reports First-Quarter Results

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Go back to Martin Marietta Reports First-Quarter Results

Martin Marietta Materials (MLM) Posts Q1 EPS of $0.07

April 30, 2015 8:21 AM EDT

Martin Marietta Materials (NYSE: MLM) reported Q1 EPS of $0.07, which includes a $0.12 charge, and may note compare to the analyst estimate of $0.11. Revenue for the quarter came in at $631.9 million versus the consensus estimate of $635.97 million.

Ward Nye, Chairman, President and CEO of Martin Marietta, stated: We are pleased to report improved margins and increased profitability, both considerably ahead of our internal plans, and a first-quarter profit for the first time since 2008. These quarterly results serve as a further validation of our success in executing on our strategic objectives, as well as our relentless... More