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MLM
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Martin Marietta Reports Decline In Q1 Earnings Despite Strong Divestiture Gains
Martin Marietta Materials Inc. Reported a first-quarter 2024 revenue decline of 7.6% year-over-year to $1.251 billion. The company missed the consensus of $1,318 billion. Building Materials business revenue was down 8% in the quarter.
Benzinga · 1d ago
Martin Marietta (MLM) Q1 Earnings Beat Estimates, 2024 View Up
NASDAQ · 1d ago
Martin Marietta Materials 1Q Profit Surges on Divestiture, Raises 2024 Outlook
Martin Marietta Materials posted a surge in profit in the first quarter. The building materials supplier also increased its 2024 outlook on pricing momentum and expectations for record infrastructure investments. The company expects to disproportionately benefit from new single-family home construction in 2024. Its net income for the quarter was $1.045 billion, up from $121 million a year earlier.
Dow Jones · 1d ago
Martin Marietta Materials, Inc. Bottom Line Rises In Q1, Beats estimates
NASDAQ · 1d ago
Martin Marietta Q1 2024 Earnings Call and Financial Results
TipRanks · 1d ago
Martin Marietta Materials Raises FY24 Outlook: Revenue $6.9B-$7.30B Vs. $7.07B Estimate, Adj. EBITDA $2.30B-$2.44B
Martin Marietta reaffirms its guidance for the year. The company expects to report revenues of $6,900 to $7,300. The Company expects to continue to make progress in its building materials and specialties business. Martin Mariette's guidance includes an estimated tax rate of 23.5 percent.
Benzinga · 1d ago
Martin Marietta Materials reports mixed Q1 results; updates FY24 outlook
Martin Marietta Materials reports mixed Q1 results; updates FY24 outlook. Q1 GAAP EPS of $16.87 beats by $15.00; revenue of $1.25B misses by $60M. The company also revised its full-year 2024 guidance.
Seeking Alpha · 1d ago
Martin Marietta Materials Q1 2024 GAAP EPS $16.87 Beats $1.89 Estimate, Sales $1.251B Miss $1.318B Estimate
Martin Marietta Materials reported quarterly earnings of $16.87 per share. The company missed the analyst consensus estimate of $1.89 per share by 792.59 percent. Martin Mariette Materials also reported quarterly sales of $2.1 billion. The firm's sales for the same period last year were $3.2 billion.
Benzinga · 1d ago
*Martin Marietta Adjusts 2024 Guidance>MLM
Dow Jones · 1d ago
Press Release: Martin Marietta Reports -4-
Sales of building materials, concrete, asphalt, and paving. The average cost of a building is $1,000. The total cost of construction is $2,000,000 and the average cost is $3,000 for concrete and asphalt. Construction costs are based on a mix of materials and labor costs. The cost of materials is based on an average of $1.1 million.
Dow Jones · 1d ago
Martin Marietta Reports First-Quarter 2024 Results
Barchart · 1d ago
Martin Marietta Materials Q1 2024 Earnings Preview
Seeking Alpha · 2d ago
How You Should Play Martin Marietta (MLM) Ahead of Q1 Earnings
NASDAQ · 2d ago
Notable earnings before Tuesday's open
Major earnings expected before the bell on Tuesday include: The Coca-Cola, McDonald's, 3M Company and PayPal Holdings. Other major earnings slated for release before Tuesday's open include: Enterprise Products Partners, GEHC, and The McDonald's Company. Earnings before the open are listed on Seeking Alpha's earnings calendar.
Seeking Alpha · 2d ago
Weekly Report: what happened at MLM last week (0422-0426)?
Weekly Report · 2d ago
What Analyst Projections for Key Metrics Reveal About Martin Marietta (MLM) Q1 Earnings
NASDAQ · 5d ago
Weitz Conservative Allocation Fund Q1 2024 Commentary
Weitz Conservative Allocation Fund's Institutional Class returned +4.22% for the first quarter compared to +2.52% for Morningstar Moderately Conservative Target Risk Index. The Fund's bonds still delivered modest positive contributions across sectors. 15 stocks across five sectors posted returns above 20% in the past year.
Seeking Alpha · 5d ago
Weitz Multi Cap Equity Fund Q1 2024 Commentary
Weitz Multi Cap Equity Fund's Institutional Class returned +8.98% for the first quarter compared to +10.02% for Russell 3000 Index. Equities continued to rally in first quarter, pushing many market indices to all-time highs. The Fund's small and medium-sized businesses also performed well.
Seeking Alpha · 5d ago
1 Stock to Profit from the U.S. Infrastructure Spending Bonanza
NASDAQ · 6d ago
Should You Invest in the Invesco Building & Construction ETF (PKB)?
NASDAQ · 6d ago
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About MLM
Martin Marietta Materials, Inc. is a natural resource-based building materials company. The Company supplies aggregates (crushed stone, sand and gravel) through its network of approximately 360 quarries, mines and distribution yards in 28 states, Canada and The Bahamas. It also provides cement and downstream products, namely, ready mixed concrete, asphalt and paving services in targeted markets. The Company conducts its Building Materials business through two segments, such as the East Group and the West Group. The East Group provides aggregates and asphalt products. The West Group provides aggregates, cement, downstream products and paving services. The Company’s Magnesia Specialties business produces and sells dolomitic lime from its Woodville, Ohio facility and manufactures magnesia-based chemical products at its Manistee, Michigan facility. The Company also owns 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee, and Virginia.