Vulcan Materials reports Q3 adjusted EPS $2.22, consensus $2.32

Reports Q3 revenue $2B, consensus $2.02B. Tom Hill, Vulcan Materials (VMC)’ Chairman and Chief Executive Officer, said, “Results and activities in the third quarter evidence the consistent execution of our two-pronged strategy to generate durable growth. We continue to enhance our core through expansion of our industry-leading aggregates cash gross profit per ton, which increased 10 percent in the third quarter and has grown by double-digits for eight consecutive quarters. We also recently announced the acquisition of Wake Stone Corporation, a leading pure-play aggregates producer, that will expand our reach in high-growth geographies in the Carolinas. Our Vulcan Way of Selling and Vulcan Way of Operating disciplines remain fundamental to compounding profitability across our franchise and successfully integrating new operations.”