Martin Marietta Materials Q2 2024 GAAP EPS $4.76 Misses $5.60 Estimate
Portfolio Pulse from Benzinga Newsdesk
Martin Marietta Materials (NYSE:MLM) reported Q2 2024 GAAP EPS of $4.76, missing the analyst consensus estimate of $5.60 by 15%.
August 08, 2024 | 11:15 am
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Martin Marietta Materials reported Q2 2024 GAAP EPS of $4.76, which is 15% below the analyst consensus estimate of $5.60. This earnings miss could negatively impact the stock price in the short term.
The significant earnings miss of 15% below the analyst consensus estimate is likely to result in a negative short-term reaction in the stock price as investors adjust their expectations.
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