earnings
confidence high
sentiment positive
materiality 0.75
Vulcan Materials Q1 revenue $1.541B (+44%), adj EPS $0.73; reaffirms FY Adj EBITDA $1.72-1.82B
Vulcan Materials CO
2022-Q1 EPS reported
$0.69
revenue$1,540,700,000
- Total revenues increased 44% to $1.541B, driven by US Concrete acquisition and price/volume growth.
- Adjusted diluted EPS from continuing operations $0.73 vs $0.69 prior year; GAAP EPS $0.70.
- Adjusted EBITDA $294M (+20%); full-year guidance reaffirmed at $1.72-$1.82B.
- Aggregates pricing up 6% (mix-adjusted 7%); shipments up 14% overall (7% same-store).
- Aggregates gross profit $243M (+9%) despite $17M higher diesel costs.