Martin Marietta Reports First Quarter 2017 Earnings Per Diluted Share of $0.67

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Martin Marietta Materials (MLM) PT Raised to $265 at Stifel; Reiterates Buy

May 3, 2017 9:31 AM EDT

Stifel raised its price target on Martin Marietta Materials (NYSE: MLM) to $265.00 (from $258.00) while maintaining a Buy rating. Mid-America, Southeast, and West building materials sales increased 2.2%, 28.8%, and 7.4% y/y, respectively.

Martin reiterated its 2017 outlook for net sales of $3.75-$3.95 billion. Aggregate product... More

Martin Marietta Materials (MLM) Tops Q1 EPS by 22c

May 2, 2017 7:08 AM EDT

Martin Marietta Materials (NYSE: MLM) reported Q1 EPS of $0.67, $0.22 better than the analyst estimate of $0.45. Revenue for the quarter came in at $791.7 million, versus $726 million reported last year.

FULL-YEAR 2017 OUTLOOK

The Company is encouraged by positive trends in the markets it serves and its ability to execute its strategic business plans.... More