Martin Marietta Q4 EPS Seen Dropping 2.3% to $4.68; Aggregates Revenue Up 10.5%
Martin Marietta anticipates Q4 earnings of $4.68 per share, down 2.3% year over year, on revenues projected at $1.55 billion, a 4.7% decline. Aggregates segment revenue is expected to rise 10.5% to $1.26 billion, with shipments up to 49.3 million tons and average pricing increasing to $24 per ton.
1. Earnings and Revenue Forecast
Martin Marietta is set to report fourth-quarter earnings of $4.68 per share, marking a 2.3% year-over-year decrease, alongside projected revenues of $1.55 billion, a 4.7% decline from the same period last year. Consensus EPS estimates have been revised upward by 2.6% over the past month.
2. Segment Metric Highlights
Analysts forecast aggregates revenue of $1.26 billion, up 10.5%, driven by shipments of 49.3 million tons and an average selling price of $24 per ton. Total building materials revenue is estimated at $1.44 billion, down 7.3%, with expected gross profit of $481.17 million on the segment.