In This Article:
For the quarter ended December 2024, Vulcan Materials (VMC) reported revenue of $1.85 billion, up 1.1% over the same period last year. EPS came in at $2.17, compared to $1.46 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.83 billion, representing a surprise of +1.42%. The company delivered an EPS surprise of +23.30%, with the consensus EPS estimate being $1.76.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Vulcan performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
-
Average unit sales price per ton - Aggregates (freight adjusted): $21.41 compared to the $21.31 average estimate based on four analysts.
-
Unit shipments - Aggregates: 53,900 KTon versus 53,380.82 KTon estimated by four analysts on average.
-
Unit shipments - Asphalt mix: 3,400 KTon versus 3,388.29 KTon estimated by three analysts on average.
-
Unit shipments - Ready-mixed concrete: 900 KCuYd versus 951.63 KCuYd estimated by three analysts on average.
-
Average unit sales price per ton - Asphalt mix: $82.11 versus $80.70 estimated by three analysts on average.
-
Average unit sales price per cubic yard - Ready-mixed concrete: $183.07 compared to the $186.58 average estimate based on three analysts.
-
Net sales- Aggregates: $1.47 billion versus $1.47 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +4.3% change.
-
Net sales- Concrete: $163.50 million versus $157.82 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -36.1% change.
-
Net sales- Asphalt: $327.10 million versus $310.68 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +14.2% change.
-
Net sales- Aggregates intersegment sales: -$109.30 million versus -$110.36 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -9.7% change.
-
Gross profit- Aggregates: $486.50 million compared to the $469.51 million average estimate based on six analysts.
-
Gross Profit- Asphalt: $46.10 million compared to the $42.93 million average estimate based on six analysts.