Having topped analysts' estimates last quarter by 2 cents per share, Vulcan Materials Company (NYSE:VMC) is expected to deliver its latest earnings on Thursday, July 26, 2012.
Analysts currently expect Vulcan Materials Company to come in with earnings of 6 cents per share on revenues of $730.2 million. Estimates from analysts range from a loss per share to earnings per share. Over the past three months, the average estimate has moved up from 5 cents.
Recently, the stock price has been rising Since July 13, 2012 business days the stock has risen 95 cents per share.
Company Fundamental Trends
Analysts think investors should stand pat on Vulcan Materials Company with eight of 13 analysts rating it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, the company's loss narrowed to a loss of $52.1 million (40 cents a share) from a loss of $54.7 million (42 cents) a year earlier, beating analyst expectations. Revenue rose 10% to $535.9 million from $487.2 million.
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 6 cents
Revenue Estimate: $730.2 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)