Vulcan Announces Third Quarter 2018 Results
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Vulcan Materials Company (VMC) PT Lowered to $125 at RBC Capital
October 31, 2018 7:58 AM EDTRBC Capital analyst Mike Dahl lowered the price target on Vulcan Materials Company (NYSE: VMC) to $125.00 (from $127.00) while maintaining a Outperform rating.
... MoreVulcan Materials (VMC) Misses Q3 EPS by 5c, Revenues Beat; Offers FY18 EPS Outlook Below Consensus
October 30, 2018 8:05 AM EDTVulcan Materials (NYSE: VMC) reported Q3 EPS of $1.40, $0.05 worse than the analyst estimate of $1.45. Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $1.23 billion.
Total revenues increased $145 million, or 13 percent, to $1.2 billionGross profit was $343 million versus $304 million in the prior yearAggregates segment sales increased $125 million to $984 millionShipments increased 5 million tons, or 10 percent, to 56 million tonsFreight-adjusted sales price increased 2 percent to $13.35 per tonSegment gross profit increased $46 million, or 18 percent, to... More