Vulcan Reports Third Quarter Results

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Go back to Vulcan Reports Third Quarter Results

Vulcan Materials (VMC) Misses Q3 EPS by 6c, Revenues Miss

November 5, 2020 7:33 AM EST

Vulcan Materials (NYSE: VMC) reported Q3 EPS of $1.56, $0.06 worse than the analyst estimate of $1.62. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.37 billion.

Tom Hill, Chairman and Chief Executive Officer, said, "Building on strong performance from the first half of the year, our operational execution produced another quarter of unit margin expansion in the third quarter. Unit profitability gains were widespread across our footprint, and our team remained focused on driving those improvements. The continued impact of the COVID-19 pandemic on construction activity, along with severe... More