earnings
confidence high
sentiment neutral
materiality 0.75
Vulcan Materials Q2 EPS $1.50, revenue $1.95B; revises full-year guidance for Mexico shutdown and energy costs
Vulcan Materials CO
2022-Q2 EPS reported
$2.09
revenue$3,495,000,000
- EPS from continuing ops $1.50 per diluted share ($1.47 YoY); adjusted EPS $1.53.
- Total revenues $1.95B, up 44% YoY, driven by acquisitions and double-digit price growth.
- Aggregates pricing up 9% (10% mix-adjusted); segment gross profit $402M (+8%).
- Mexico operations remain shut; expected EBITDA impact $80-100M for 2022; NAFTA arbitration claim granted.
- Full-year Adj. EBITDA guidance updated to $1.60-1.70B; aggregates price increase outlook 9-11%.