Vulcan Materials Q3 earnings beat; aggregates margin expands 200 bps; FY EBITDA guidance raised to $1.95-$2.00B

Vulcan Materials CO

2023-Q3 EPS reported $5.28 revenue$5,947,600,000

Q3 net earnings $276M ($2.09 diluted EPS) vs $177M ($1.33) a year ago; adjusted EPS $2.29.
Aggregates gross profit per ton rose 19% to $7.95; freight-adjusted price per ton up 15% to $19.29.
Total revenues $2,186M, up 5% YoY; all product lines saw margin expansion.
Full-year Adjusted EBITDA guidance raised to $1.95-$2.00B, a 21% improvement at midpoint.
Company classified Texas concrete assets as held for sale, recorded $28M pre-tax charge.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Vulcan Materials CO updated its full-year 2023 guidance (raised).

Period: full-year 2023
Guidance: raised
Result: guidance update

Exact text from the filing

we now expect our full-year Adjusted EBITDA to be $1.95 to $2.00 billion for 2023.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Vulcan Materials CO filing history →

Source: SEC EDGAR

accession 0001140361-23-049589

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.