secwatch.observer — SEC 8-K summary
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Issuer:     Vulcan Materials CO (VMC)
CIK:        0001396009
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0001140361-23-049589
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396009/000114036123049589/0001140361-23-049589-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396009/000114036123049589/ef20013192_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-049589

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