WASHINGTON (dpa-AFX) - Vulcan Materials Co. (VMC) released a profit for its third quarter that advanced from the same period last year.
The company's earnings came in at $215.71 million, or $1.62 per share. This compares with $179.15 million, or $1.34 per share, in last year's third quarter.
Analysts had expected the company to earn $1.70 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 14.5% to $1.42 billion from $1.24 billion last year.
Vulcan Materials Co. earnings at a glance:
-EPS (Q3): $1.68 vs. $1.40 last year. -Analysts Estimate: $1.70 -Revenue (Q3): $1.42 Bln vs. $1.24 Bln last year.
-Guidance: Full year EPS guidance: $4.55 - $5.05
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