Martin Marietta Reports Fourth-Quarter and Full-Year 2019 Results
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Martin Marietta Materials (MLM) Misses Q4 EPS by 10c, Revenues Beat
February 11, 2020 7:00 AM ESTMartin Marietta Materials (NYSE: MLM) reported Q4 EPS of $2.09, $0.10 worse than the analyst estimate of $2.19. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.03 billion.
2019 Shipments and Pricing Improved for Aggregates, Cement and AsphaltFull-Year Consolidated Gross Margin Expanded 210 Basis Points2020 Outlook Reflects Continuing Steady Growth in Aggregates Shipments and PricingWard Nye, Chairman, President and CEO of Martin Marietta, stated, We are pleased to have concluded 2019 as the most profitable year in our Companys history. Driven by improved shipments, pricing and profitability across the vast... More
