Martin Marietta Supplies, Inc. MLM produces and provides building aggregates and different heavy constructing supplies, primarily cement, within the U.S.
Buyers must also that earnings estimate moved south for MLM over the previous 30 days. In the meantime, despite lacking estimates in three of the previous 4 quarters, the corporate has a mean constructive shock of 25.85%, owing to a stellar beat within the first quarter of 2016.
At present, MLM has a Zacks Rank #3 (Maintain), however that might undoubtedly change following Martin Marietta’ earnings report which was simply launched. You possibly can see the whole checklist of right this moment’s Zacks #1 Rank (Robust Purchase) shares right here.
We’ve got highlighted a few of the key stats from this just-revealed announcement beneath:
Earnings: MLM beat on earnings. Our consensus earnings estimate known as for EPS of 66 cents per share, and the corporate reported earnings of 67 cents per share as a substitute. Buyers ought to word that these figures take out inventory possibility bills.
Martin Marietta Supplies, Inc. Worth and EPS Shock
Martin Marietta Supplies, Inc. Worth and EPS Shock | Martin Marietta Supplies, Inc. Quote
Revenues: MLM reported complete revenues of $843.9 million. This surpassed our consensus estimate of $724.70 million.
Key Stats to Word: Mixture product line cargo was flat on a 12 months over 12 months foundation.
Test again later for our full write up on this MLM earnings report later.
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Martin Marietta Supplies, Inc. (MLM): Free Inventory Evaluation Report
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