Home Markets Earnings Estimate Forecast on Martin Marietta Materials, Inc.(MLM)

Earnings Estimate Forecast on Martin Marietta Materials, Inc.(MLM)


Martin Marietta Materials, Inc.(MLM): For the most recent quarter end, Martin Marietta Materials, Inc. reported Annual Earnings of $1.55. Based on the filings, last years Annual Earnings was, $6.65. For the most recent quarter end, MLM reported a surprise Earnings per Share of -6.63% . The consensus estimate for current quarter is $0.73 and for the current fiscal year, the estimate is $8.45. For the Next fiscal year, the estimate is $10.66 based on the consensus.

Martin Marietta Materials, Inc. has received $0.73 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $0.5 while the top line estimate is $0.85 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 5.43%. Martin Marietta Materials, Inc. results fell short with a surprise EPS of -6.63% or $-0.11. The Actual EPS was $1.55 compared to the Estimated EPS of $1.66 during its most recent quarterly earnings.

Martin Marietta Materials, Inc. has a Price to Earnings ratio of 33.18 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 3.37. For the Most Recent Fiscal Year, Martin Marietta Materials, Inc. has a price to cash ratio of 19.61. For the Trailing twelve month period, company showed a Net Profit Margin of 11.15% and Return on Equity of the stock is 10.47%.

Martin Marietta Materials, Inc. last declared its Dividend on Nov 29, 2016.

Martin Marietta Materials Last issued its quarterly earnings results on Feb 14, 2017. The company reported $1.55 EPS for the quarter, missing the analyst consensus estimate by $ -0.05. Analyst had a consensus of $1.60. The company had revenue of $889.00 million for the quarter, compared to analysts expectations of $888.07 million. The companys revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.15 EPS.

Company has reported several Insider transactions to the SEC, on Feb 21, 2017, William E Mcdonald (director) sold 6,000 shares at 219.78 per share price.On Feb 21, 2017, Laree E Perez (director) sold 3,000 shares at 218.98 per share price.On Dec 12, 2016, Donald A. Mccunniff (SVP – Human Resources) sold 1,503 shares at 228.98 per share price.

Martin Marietta Materials, Inc. (NYSE:MLM) witnessed a decline in the market cap on Wednesday as its shares dropped 0.47% or 1.04 points. After the session commenced at $219.89, the stock reached the higher end at $221.37 while it hit a low of $218.72. With the volume soaring to 749,239 shares, the last trade was called at $218.94. The company has a 52-week high of $243.98. The company has a market cap of $13,895 million and there are 63,466,170 shares in outstanding. The 52-week low of the share price is $135.9317.

Martin Marietta Materials producer of aggregates for the construction industry, including highways, infrastructure, commercial and residential. The company also manufactures and markets magnesia-based products, including heat-resistant refractory products for the steel industry, chemicals products for industrial, agricultural and environmental uses, and dolomitic lime.



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