secwatch.observer — SEC 8-K summary
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Issuer:     MARTIN MARIETTA MATERIALS INC (MLM)
CIK:        0000916076
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000950170-24-118583
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Martin Marietta Q3 EPS $5.91, revenue $1.89B; FY Adjusted EBITDA guidance cut to $2.1B midpoint
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- Net earnings $363M ($5.91 diluted EPS) vs $430M ($6.94) YoY; Adjusted EBITDA $646M, down 8%.
- Aggregates shipments down 4% to 53.7M tons; ASP up 8% to $21.52/ton; gross profit per ton record $8.16.
- Record Q3 operating cash flow $601M, up 32% YoY; acquired pure aggregates assets in South Florida and Southern California.
- Revised FY2024 guidance: Adjusted EBITDA $2,015M-$2,115M; aggregates volume -4% to -2.5%; ASP +9% to +11%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916076/000095017024118583/0000950170-24-118583-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916076/000095017024118583/mlm-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-118583

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