Martin Marietta Materials Q3 EPS $6.94 Beats $6.04 Estimate, Sales $1.99B Miss $2.00B Estimate
Portfolio Pulse from Benzinga Newsdesk
Martin Marietta Materials (NYSE:MLM) reported Q3 earnings of $6.94 per share, beating the analyst consensus estimate of $6.04 by 14.9%. This is a 47.97% increase from the same period last year. However, the company's quarterly sales of $1.99 billion missed the analyst consensus estimate of $2.00 billion by 0.30%. This is an 18.62% increase from the same period last year.
November 01, 2023 | 11:05 am
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Martin Marietta Materials' Q3 earnings beat estimates, but sales missed expectations. This mixed result could lead to uncertainty in the stock's short-term performance.
Martin Marietta Materials reported better-than-expected earnings but lower-than-expected sales. This mixed result could lead to uncertainty among investors, potentially impacting the stock's short-term performance.
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