Investing.com - Vulcan Materials reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Vulcan Materials announced earnings per share of $1.78 on revenue of $2.09B. Analysts polled by Investing.com anticipated EPS of $1.73 on revenue of $2.01B.
Vulcan Materials shares are down 20% from the beginning of the year and are trading at $165.48 , down-from-52-week-high.
Vulcan Materials shares gained 0.42% in pre-market trade after the report.
Vulcan Materials follows other major Materials sector earnings this month
Vulcan Materials's report follows an earnings beat by Sherwin-Williams on Tuesday, October 25, 2022, who reported EPS of $2.83 on revenue of $6.05B, compared to forecasts EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on Thursday, October 20, 2022 with third quarter EPS of $0.26 on revenue of $5B, compared to forecast for EPS of $0.3167 on revenue of $5.37B.
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