Vulcan Materials (VMC) Misses Q3 EPS by 1c
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Vulcan Announces Third Quarter 2017 Results
November 1, 2017 5:41 PM EDTBIRMINGHAM, Ala., Nov. 1, 2017 /PRNewswire/ --Â Vulcan Materials Company (NYSE: VMC), the nation's largest producer of construction aggregates, today announced results for the third quarter ended September 30, 2017.
Hurricanes Harvey and Irma negatively affected more than half of the Company's operational footprint in the third quarter. Important Southeastern markets, particularly Florida and Georgia, as well as coastal markets in Texas and along the central Gulf Coast were disrupted. Prolonged extreme weather conditions limited both revenue growth and profitability. Aggregates shipments increased 1 percent and pricing improved 3 percent versus the prior year's third quarter. Overall,... More
