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Martin Marietta Materials Inc. (MLM) reported that its third-quarter net earnings attributable to the company rose to $294.4 million or $4.71 per share from $248.6 million or $3.96 per share in the prior year.


RTTNews | Oct 29, 2020 12:04PM EDT

12:03 Thursday, October 29, 2020 (RTTNews.com) - Martin Marietta Materials Inc. (MLM) reported that its third-quarter net earnings attributable to the company rose to $294.4 million or $4.71 per share from $248.6 million or $3.96 per share in the prior year.

But, total revenues for the quarter declined to $1.32 billion from $1.42 billion last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $3.76 per share and revenues of $1.27 billion. Analysts' estimates typically exclude special items.

The company expects full-year 2020 Adjusted EBITDA to range from $1.35 billion to $1.37 billion.

Read the original article on RTTNews ( https://www.rttnews.com/3140941/martin-marietta-materials-q3-profit-rises.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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