secwatch.observer — SEC 8-K summary
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Issuer:     MARTIN MARIETTA MATERIALS INC (MLM)
CIK:        0000916076
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000950170-23-057122
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Martin Marietta reports record Q3 revenue $1.99B, EPS $6.94; raises EBITDA guidance
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- Record Q3 revenue $1,994M (+10% YoY); net earnings $430M ($6.94 diluted EPS) vs $291M ($4.67) prior year.
- Aggregates gross profit per ton rose 42.4% to $7.89; pricing up 20% despite 7.3% shipment decline.
- Closed sale of Tehachapi cement plant for $315M on Oct 31; proceeds earmarked for aggregates acquisitions.
- Raised full-year 2023 Adjusted EBITDA guidance to $2.05-2.15B; net earnings guidance $1.095-1.195B.
- Preliminary 2024 view: aggregates shipments flat, low double-digit pricing growth; demand from infrastructure and manufacturing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916076/000095017023057122/0000950170-23-057122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916076/000095017023057122/mlm-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-057122

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer