Martin Marietta Reports Second-Quarter 2020 Results

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Go back to Martin Marietta Reports Second-Quarter 2020 Results

Martin Marietta Materials (MLM) Tops Q2 EPS by 47c, Revenues Beat

July 28, 2020 6:55 AM EDT

Martin Marietta Materials (NYSE: MLM) reported Q2 EPS of $3.49, $0.47 better than the analyst estimate of $3.02. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.15 billion.

Ward Nye, Chairman and CEO of Martin Marietta, stated, We are proud to have concluded the first half of 2020 with the highest profitability and best safety performance in Martin Mariettas history. Our record performance underscores Martin Mariettas collective commitment to operational excellence and the disciplined execution of our strategic plan as we navigate the uncertainties and economic hardships presented by COVID-19.

The Company... More