Categories Earnings, Industrials
Earnings Summary: A snapshot of Vulcan Materials Company’s Q2 report
Vulcan Materials Company (NYSE: VMC), a leading supplier of construction aggregates and aggregates-based construction materials, announced results for the second quarter of 2024.
- Second-quarter revenues dropped to $2.01 billion from $2.11 billion in the corresponding period last year
- Net income came in at $308 million or $2.31 per share in Q2, compared to $308.6 million $2.31 per share a year earlier
- Second-quarter segment gross profit increased 6% to $529 million, and gross profit margin expanded by 120 basis points
- Aggregates shipments decreased 5% year-over-year, hurt by significant rainfall in many key markets
- SAG expense was $134 million in the June quarter, compared to $139 million in the prior year quarter
- Capital expenditures were $195 million in the second quarter and $298 million on a year-to-date basis
- For the full year, the company expects to spend between $625 and $675 million on maintenance and growth projects
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
LW Earnings: Key quarterly highlights from Lamb Weston’s Q3 2025 financial results
Lamb Weston Holdings, Inc. (NYSE: LW) reported its third quarter 2025 earnings results today. Net sales increased 4% to $1.52 billion compared to the same period a year ago. Net
CAG Earnings: Highlights of Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported a decrease in net sales and adjusted earnings for the third quarter of 2025. Net sales were
Fastenal Company (FAST) looks poised for a mixed start to FY25
Fastenal Company (NASDAQ: FAST) will report its first-quarter results on April 11, at 6:50 am ET. The company has been investing heavily to expand its digital footprint lately, and it
