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Martin Marietta Materials, Inc. (MLM) announced a profit for its fourth quarter that increased from last year.


RTTNews | Feb 9, 2021 07:04AM EST

07:04 Tuesday, February 9, 2021 (RTTNews.com) - Martin Marietta Materials, Inc. (MLM) announced a profit for its fourth quarter that increased from last year.

The company's earnings totaled $183.0 million, or $2.93 per share. This compares with $131.0 million, or $2.09 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.3% to $1.18 billion from $1.10 billion last year.

Martin Marietta Materials, Inc. earnings at a glance:

-Earnings (Q4): $183.0 Mln. vs. $131.0 Mln. last year.-EPS (Q4): $2.93 vs. $2.09 last year.-Analysts Estimate: $2.30-Revenue (Q4): $1.18 Bln vs. $1.10 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3168115/martin-marietta-materials-inc-bottom-line-advances-in-q4.aspx)

For comments and feedback: contact editorial@rttnews.com

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