Vulcan Materials Q4 Preview: Analysts See 4.9% Revenue Growth to $1.94B
Vulcan Materials will report Q4 results on Tuesday, with analysts forecasting revenues of $1.94 billion (up 4.9% year-on-year) and adjusted EPS of $2.11. In Q3 it shipped 64.7 million tons (up 12.1% YoY) and generated $2.29 billion in revenues (up 14.4%), while peers Carlisle and Sherwin-Williams also beat estimates and saw stock gains.
1. Q4 Earnings Expectations
Analysts forecast Q4 revenues of $1.94 billion, representing 4.9% year-on-year growth, and adjusted EPS of $2.11. Reconfirmations of these estimates over the past month suggest expectations for steady operational performance.
2. Q3 Performance Recap
In the prior quarter Vulcan shipped 64.7 million tons, a 12.1% increase year-on-year, and generated $2.29 billion in revenues, up 14.4%. The company beat analysts’ adjusted operating income estimates but its full-year EBITDA guidance slightly trailed forecasts.
3. Peer Q4 Results
Carlisle posted flat year-on-year revenue and beat estimates by 1.4%, with its shares rising 11.1% post-results. Sherwin-Williams reported a 5.6% revenue gain, topping forecasts by 0.8%, and saw its stock climb 1.4%.
4. Investor Sentiment and Price Targets
Building materials stocks have risen an average of 8.1% over the last month, while Vulcan Materials shares are up 10.1% in the same period. The average analyst price target stands at $328.57 versus the current share price of $326.45.