secwatch.observer — SEC 8-K summary
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Issuer:     MARTIN MARIETTA MATERIALS INC (MLM)
CIK:        0000916076
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0000950170-24-050196
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Martin Marietta Q1 EPS $16.87 on $1.3B divestiture gain; adj. EBITDA -10% to $291M
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- Total revenues $1.251B, down 8% YoY; gross profit $272M, down 10%.
- Earnings from operations $1.421B, up 625%, driven by $1.3B nonrecurring gain on divestiture.
- Aggregates gross profit per ton up 14% to $6.53; Magnesia Specialties record quarterly gross profit.
- Full-year 2024 guidance raised to $2.37B at the midpoint for adjusted EBITDA.
- Adjusted EBITDA from continuing operations $291M, down 10% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916076/000095017024050196/0000950170-24-050196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916076/000095017024050196/mlm-20240430.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-050196

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