Vulcan Materials Co. (VMC) announced a profit for its second quarter that Increased from last year but missed the Street estimates.
The company's earnings totaled $321 million, or $2.43 per share. This compares with $308 million, or $2.33 per share, last year.
Excluding items, Vulcan Materials Co. reported adjusted earnings of $2.45 per share for the period.
Analysts on average had expected the company to earn $2.52 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.4% to $2.102 billion from $2.014 billion last year.
Vulcan Materials Co. earnings at a glance (GAAP) :
-Earnings: $321 Mln. vs. $308 Mln. last year.-EPS: $2.43 vs. $2.33 last year.-Revenue: $2.102 Bln vs. $2.014 Bln last year.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.