Vulcan Materials's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Vulcan Materials (NYSE:VMC) is scheduled to release its quarterly earnings report on February 16, 2024, with an expected EPS of $1.39. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historically, Vulcan Materials has had mixed reactions to its earnings reports, with minor share price movements following the announcements. The stock has seen a 29.87% increase over the last 52 weeks, indicating a generally positive outlook from long-term shareholders.
February 15, 2024 | 2:01 pm
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Vulcan Materials is expected to report an EPS of $1.39 for the upcoming quarter. Historical data shows minor price changes post-earnings, with a 29.87% stock increase over the past year indicating positive investor sentiment.
Given Vulcan Materials' history of surpassing EPS estimates and the positive trend in its stock price over the past year, there is a high likelihood of a positive short-term impact on VMC's stock price if the company beats the EPS estimate again and provides favorable future guidance. However, the historical minor price changes post-earnings suggest that the impact might not be significantly large.
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