Vulcan Reports Fourth Quarter and Full Year Results
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UPDATE: Vulcan Materials (VMC) Misses Q4 EPS by 9c; Offers FY20 EPS Mid-Point Guidance Below Consensus
February 18, 2020 7:33 AM EST(Updated - February 18, 2020 7:33 AM EST)
Vulcan Materials (NYSE: VMC) reported Q4 EPS of $1.08, $0.09 worse than the analyst estimate of $1.17. Revenue for the quarter came in at $1.19 billion versus the consensus estimate of $1.19 billion.
Tom Hill, Chairman and Chief Executive Officer, said, "2019 marks another year of strong earnings growth and cash generation. We are particularly proud of our people who worked hard to achieve these results while ensuring another year of world-class safety performance. Widespread improvements in pricing helped drive 8 percent growth in our industry-leading unit profitability and double-digit growth in... More
