Earnings Alerts

Vulcan Materials Co (VMC) Earnings: 2Q Adj EPS Falls Short of Estimates

  • Adjusted EPS from continuing operations was $2.35, missing the estimate of $2.46.
  • Revenue came in at $2.01 billion, down 4.7% year-over-year, and below the estimate of $2.06 billion.
  • Adjusted EBITDA was $603 million, up 1.3% year-over-year, but fell short of the $615 million estimate.
  • Aggregates cash gross profit per ton has increased by double digits this year, with expectations for this trend to continue.
  • Weather disruptions in the first half of the year affected construction activity and operating efficiencies, leading to adjustments in aggregates volume and cost outlook for the full year.
  • Analyst recommendations include 17 buys, 7 holds, and 1 sell.

Vulcan Materials Co on Smartkarma

Analysts on Smartkarma have been paying close attention to Vulcan Materials Co, with recent reports indicating a positive sentiment towards the company’s performance. Baptista Research highlighted in their report “Vulcan Materials Company: A Tale Of Strategic Dominance In The Aggregates Industry! – Major Drivers” that despite challenging weather conditions, Vulcan Materials is set to achieve a fourth consecutive year of double-digit adjusted EBITDA growth. The company’s strong financials, with an adjusted EBITDA of $323 million in the first quarter and an optimistic pricing environment, showcase the resilience and profitability of its Aggregates business.

In another report by Baptista Research titled “Vulcan Materials Company: Continued Investment in Expense Management,” Vulcan Materials Company’s exceptional performance in 2023 was emphasized. The company achieved significant milestones, generating over $2 billion in adjusted EBITDA and surpassing $9 of aggregate cash gross profit per ton. With a 27% year-over-year improvement in adjusted EBITDA in the fourth quarter and margin expansion across primary product lines, analysts remain bullish on Vulcan Materials Co‘s continued success and strategic investments.


A look at Vulcan Materials Co Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Vulcan Materials Co shows promising long-term potential. With a Growth score of 4 and a Momentum score of 4, the company is positioned well for future expansion and market performance. These scores indicate that Vulcan Materials Co may experience strong growth and positive investor sentiment in the coming years.

Moreover, the company’s Resilience score of 3 suggests that Vulcan Materials Co has the ability to weather market volatility and economic challenges. While the Value and Dividend scores are more modest at 2, indicating average performance in these areas, the overall outlook for Vulcan Materials Co appears optimistic based on the Smartkarma Smart Scores.

Summary: Vulcan Materials Company, a producer of construction aggregates, has received varied Smart Scores, with strong indicators in growth and momentum, positioning the company well for future success despite average performance in other key areas.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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