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Vulcan Materials Company (GB:0LRK)
LSE:0LRK
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Earnings Data
Report Date
Feb 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.77Last Year’s EPS
1.46Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2018
|% Change Since: 0.28%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted Vulcan Materials' ability to expand margins and generate strong cash flow despite challenges such as significant weather disruptions and a decline in aggregate shipments. Strategic acquisitions and an improved pricing environment further bolstered the positive outlook. However, the ongoing cost pressures and specific business segment challenges were noted as lowlights.Company Guidance
During the Vulcan Materials Company Third Quarter 2024 earnings call, the executives shared guidance that projected approximately $2 billion in adjusted EBITDA for the full year. They highlighted a 10% year-over-year increase in freight-adjusted average selling prices, despite a 10% decline in aggregate shipments due to weather-related disruptions including four hurricanes. The company reported $581 million of adjusted EBITDA for the quarter and noted an 11% improvement in cash unit profitability in its asphalt business. The balance sheet showed a net debt to trailing 12-month adjusted EBITDA leverage of 1.5x, providing sufficient capacity for growth opportunities, including the acquisition of Wake Stone Corporation. The executives expressed confidence in their ability to achieve double-digit cash gross profit per ton growth for the eighth consecutive quarter, driven by strategic pricing and operating efficiencies. Looking ahead to 2025, Vulcan Materials anticipates aggregate shipments to grow, supported by improved public and residential construction demand, and expects aggregate prices to continue rising at high single-digit rates.Expansion of Gross and Adjusted EBITDA Margins
Both gross margin and adjusted EBITDA margin expanded despite disruptions from hurricanes. Adjusted EBITDA was $581 million.
Improved Pricing Environment
Freight-adjusted average selling prices improved 10% year-over-year, with increases widespread across geographies.
Acquisition of Wake Stone Corporation
Acquisition of Wake Stone Corporation announced, aimed to enhance the aggregates-led growth strategy in the Carolinas.
Strong Free Cash Flow Generation
Year-to-date, free cash flow increased by 36%, driven by strategic investments and disciplined cost control.
Healthy Asphalt Business Margins
The asphalt business maintained healthy margins at nearly 16% with an 11% improvement in cash unit profitability.
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GB:0LRK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:0LRK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $259.76 | $278.27 | +7.13% |
| Aug 06, 2024 | $257.72 | $249.68 | -3.12% |
| May 02, 2024 | $257.02 | $262.02 | +1.95% |
| Feb 16, 2024 | $241.82 | $255.72 | +5.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Vulcan Materials Company (GB:0LRK) report earnings?
Vulcan Materials Company (GB:0LRK) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is Vulcan Materials Company (GB:0LRK) earnings time?
Vulcan Materials Company (GB:0LRK) earnings time is at Feb 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Vulcan Materials Company stock?
The P/E ratio of Vulcan Materials is N/A.
What is GB:0LRK EPS forecast?
GB:0LRK EPS forecast for the fiscal quarter 2024 (Q4) is 1.77.
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