Martin Marietta Reports Fourth Quarter and Full Year 2018 Results
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Martin Marietta Materials (MLM) Misses Q4 EPS by 27c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus
February 12, 2019 7:01 AM ESTMartin Marietta Materials (NYSE: MLM) reported Q4 EPS of $1.50, $0.27 worse than the analyst estimate of $1.77. Revenue for the quarter came in at $1.02 million versus the consensus estimate of $952.7 million.
Ward Nye, Chairman, President and CEO of Martin Marietta, stated, Our industry-leading safety and record financial performance in 2018 can be best summarized as challenges faced and challenges met. We produced record results for the seventh consecutive year and concluded 2018 with the best heritage safety performance in our Companys history. These accomplishments demonstrate our commitment to operational excellence and the successful execution of our strategic plan.... More
