Martin Marietta Reports First-Quarter 2021 Results

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Martin Marietta Materials (MLM) Tops Q1 EPS by 54c, Revenues Beat; Reaffirms FY21 Revenues Guidance

May 4, 2021 6:50 AM EDT

Martin Marietta Materials (NYSE: MLM) reported Q1 EPS of $1.04, $0.54 better than the analyst estimate of $0.50. Revenue for the quarter came in at $982.4 million versus the consensus estimate of $910.4 million.

Ward Nye, Chairman and CEO of Martin Marietta, stated, Following record performance in 2020, our Company is off to a strong start to what we expect to be another outstanding year for Martin Marietta. For the first three months of 2021, we delivered solid operational and financial performance, establishing first-quarter records for revenues, profits and safety. These results are a testament to our differentiated business model and... More