WASHINGTON (dpa-AFX) - Vulcan Materials Co. (VMC) released a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $293.8 million, or $2.21 per share. This compares with $227.5 million, or $1.70 per share, last year.
Excluding items, Vulcan Materials Co. reported adjusted earnings of $2.17 per share for the period.
Analysts on average had expected the company to earn $1.75 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.0% to $1.853 billion from $1.834 billion last year.
Vulcan Materials Co. earnings at a glance (GAAP) :
-Earnings: $293.8 Mln. vs. $227.5 Mln. last year. -EPS: $2.21 vs. $1.70 last year. -Revenue: $1.853 Bln vs. $1.834 Bln last year.
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