Vulcan Materials Shares Gain After Q2 Results
Vulcan Materials Co (NYSE: VMC ) reported a second-quarter revenue increase of 43.6% year-over-year to $1.95 billion , beating the consensus of $1.86 billion. Adjusted EPS was $1.53, missing the consensus of $1.74. Overall gross margin contracted by 644 bps to 22.8%. The operating earnings increased by 7% Y|Y to $307.6 million, and the margin contracted by 538 bps to 15.7%. Vulcan Materials generated cash from operating activities year-to-date of $325.5 million, compared … Full story available on Benzinga.com
Vulcan Materials Shares Gain After Q2 Results
Vulcan Materials Co (NYSE: VMC ) reported a second-quarter revenue increase of 43.6% year-over-year to $1.95 billion , beating the consensus of $1.86 billion. Adjusted EPS was $1.53, missing the consensus of $1.74. Overall gross margin contracted by 644 bps to 22.8%. The operating earnings increased by 7% Y|Y to $307.6 million, and the margin contracted by 538 bps to 15.7%. Vulcan Materials generated cash from operating activities year-to-date of $325.5 million, compared … Full story available on Benzinga.com