Vulcan Materials Co. (VMC) reported third quarter net income of $54.23 million or $0.43 per diluted share, compared to $59.05 million or $0.53 per diluted share last year.
Earnings from continuing operations for the quarter declined to $47.92 million from $59.82 million in the prior year quarter. Earnings per share from continuing operations for the quarter were $0.38, compared to $0.54 a year earlier.
Total revenues for the quarter fell to $778.19 million from $1.01 billion in the prior-year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.37 per share on revenues of $809.17 million for the quarter. Analysts' estimates typically exclude special items.
Looking ahead, the company now expects full year capital spending to be about $140 million, down from $175 million projected at the end of the second quarter and down sharply from the $353 million spent in 2008.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.