Earnings Outlook For Martin Marietta Materials
Portfolio Pulse from Benzinga Insights
Martin Marietta Materials (NYSE:MLM) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an earnings per share (EPS) of $4.85. The company's past performance shows it beat EPS estimates last quarter, leading to a 2.15% increase in share price. The stock is currently trading at $458.26, up 32.73% over the last 52-week period.
July 26, 2023 | 4:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Martin Marietta Materials is expected to report an EPS of $4.85 in its upcoming earnings. The company's stock price increased by 2.15% after beating EPS estimates last quarter.
The company's past performance of beating EPS estimates and the subsequent positive impact on the stock price indicates a potential positive short-term impact on the stock if the company beats the EPS estimate again. The stock's positive performance over the last 52 weeks also suggests investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100