Vulcan Materials Q3 2024 Adj. EPS $2.22 Misses $2.36 Estimate, Sales $2.004B Miss $2.026B Estimate
Portfolio Pulse from Benzinga Newsdesk
Vulcan Materials reported Q3 2024 earnings per share of $2.22, missing the analyst estimate of $2.36. Sales were $2.004 billion, also below the expected $2.026 billion, marking an 8.33% decrease from the previous year.
October 30, 2024 | 11:32 am
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NEGATIVE IMPACT
Vulcan Materials' Q3 2024 earnings and sales both missed analyst estimates, with EPS at $2.22 and sales at $2.004 billion. This represents a significant decrease in sales compared to the same period last year.
The earnings per share and sales figures both missed analyst expectations, which is likely to negatively impact the stock price in the short term. The decrease in sales compared to the previous year further adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100