WASHINGTON (dpa-AFX) - Vulcan Materials Co. (VMC) announced a profit for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings came in at $375 million, or $2.83 per share. This compares with $208 million, or $1.57 per share, last year.
Excluding items, Vulcan Materials Co. reported adjusted earnings of $2.84 per share for the period.
Analysts on average had expected the company to earn $2.72 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 14.4% to $2.292 billion from $2.004 billion last year.
Vulcan Materials Co. earnings at a glance (GAAP) :
-Earnings: $375 Mln. vs. $208 Mln. last year. -EPS: $2.83 vs. $1.57 last year. -Revenue: $2.292 Bln vs. $2.004 Bln last year.
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