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Martin Marietta (MLM) Q2 Earnings & Revenues Top Estimates

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Martin Marietta Materials, Inc. (MLM - Free Report) produces and supplies construction aggregates and other heavy building materials, mainly cement, in the United States.

Investors should also that earnings estimate remained stable for MLM for 2018 over the past 30 days. However, the company’s earnings fell shy of expectations in three of the last four quarters, with the average miss being 3.27%.

Currently, MLM has a Zacks Rank #1 (Strong Buy), but that could definitely change following Martin Marietta’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank stocks here.

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: MLM beat on earnings. The Zacks Consensus Estimate called for EPS of $2.84 per share, and the company reported earnings of $3.25 per share instead.

Revenues: MLM’s reported total revenues of $1.2 billion surpassed the consensus mark of $1.18 billion.

Check back later for our full write up on this MLM earnings report later.

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