WASHINGTON (dpa-AFX) - Vulcan Materials Company (VMC), Thursday announced financial results for the third quarter, posting net earnings of $375 million compared to $208 million last year.
Earnings from continuing operations increased to $2.83 per share from $1.57 per share in the previous year.
On adjusted basis, earnings from continuing operations amounted to $2.84 compared to $2.22 in the earlier year.
Analysts, on average, estimated earnings of $2.72 a share for the quarter.
Total revenues went up to $2.292 billion from last year's $2.004 billion.
Moving ahead, the company expects to deliver between $2.35 and $2.45 billion of Adjusted EBITDA in 2025.
In the pre-market hours, VMC is trading at $290, down 1.68 percent on the New York Stock Exchange.
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